The Wenatchee World

Weather:

Weather

The latest extended forecast from The Weather Channel

Remove this weather forecast

Overnight

Lo46° Rain

Friday

Hi55° Rain

Friday Night

Lo39° Areas Fog

Saturday

Hi55° Areas Fog

Saturday Night

Lo37° Partly Cloudy

Sunday

Hi54° Mostly Sunny

Sunday Night

Lo40° Slight Chc Showers

Monday

Hi52° Slight Chc Rain

Monday Night

Lo45° Rain Likely

Tuesday

Hi57° Partly Sunny

Wall Street

Send to Kindle
Print This

NEW YORK (AP) — The latest news from the Federal Reserve spooked investors Wednesday.

Stock and bond prices fell after minutes from the Fed’s latest meeting showed that the U.S. economy was improving steadily enough to warrant a reduction in stimulus in “coming months.” The Fed has been buying $85 billion every month in Treasury and mortgage-backed bonds, which keeps long-term interest rates artificially low and makes stocks seem inexpensive in comparison to bonds.

View my optionsorSign in