Stock Indexes Soar to Record Highs as Global Trade Tensions Ease

The FOMC at this week's meeting is not scheduled to release a Summary of Economic Projections, which contains the Fed's dot plot. That means the markets today will hear from Fed Chair Powell at his regular post-meeting press conference but will not receive an update from other Fed officials on their views of the future course of interest rates.The prospects of a more dovish Fed are another bullish factor for stocks. At the conclusion of today's 2-day FOMC meeting, the Fed is expected to cut the federal fund ...