KOSS - Wall Street Breakfast: A New Era Of Trading?

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. A new era of trading?Wall Street on Wednesday logged its worst day since October despite many catalysts that could have been utilized by traders. On the surface level, things appeared to be positive for equities, like the unwavering support of the Federal Reserve. While the central bank flagged a moderating recovery, Chairman Jay Powell made clear the U.S. central bank was nowhere near exiting massive support for the economy, left benchmark interest rates near zero and repeated a pledge to maintain its bond buying program at the current pace of $120B of purchases per month. U.S. stock index futures still fell again overnight: Dow -0.4%; S&P 500 -0.7%; Nasdaq -1%.Coronavirus vaccine delays and a much-anticipated pullback from all-time highs can serve as an excuse to book

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Wall Street Breakfast: A New Era Of Trading?