Stocks Slump After FOMC July 2013 Decision Ahead Of Jobs Number

FOMC More Accommodative After Rocky June: Stocks fell today in the afternoon after the FOMC kept interest rates at the same level and stayed accommodative as we expected. ┬áThe recent jump in home sales may be short-lived as consumers recalibrate and look forward to low interest rates ‘indefinitely’. ┬áBen Bernanke and company mentioned nothing about[…]