Look at what's happening to the stock market," Donald Trump said during his Saturday campaign rally in Florida. The stock market is in the midst of a "Trump rally," and the president wants to make sure everyone knows about it. [RELATED: Populism, Goldman Sachs-Style] RELATED CONTENT RELATED CONTENT Populism, Goldman Sachs-Style Trump's executives orders deregulating Wall Street show he has no interest in protecting working Americans. But far more importantly, the stock market as an economic indicator is mostly meaningless. The wealthiest 1 percent of Americans alone owns four out of every $10 invested in the stock market.
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![Stock Market Retreats From Records As Fed Minutes Loom]()
TJX Cos.(TJX) shares rose 0.8% after the retailer narrowly beat earnings forecast and announced a 20% increase in dividends. Other markets: Asian markets mostly rose (http://www.marketwatch.com/story/asian-stocks-edge-up-ahead-of-fed-minutes-2017-02-21), led by a 0.8% gain for the Hong Kong Hang Seng Index . The major U.S. stock indexes closed at simultaneous records for a second-straight session on Tuesday (http://www.marketwatch.com/story/records-for-us-stocks-hang-in-the-balance-ahead-of-wal-mart-results-pmi-data-2017-02-21). (http://www.marketwatch.com/story/market-timing-is-out-of-favor-so-is-a-stock-market-top-near-2017-02-21)Fed minutes ahead: A report on existing-home sales for January is due at 10 a.m. Eastern Time, but investors will be focusing on the minutes of the Jan. 31-Feb. 1 Federal Open Reserve Committee meeting, due at 2 p.m. Eastern. The S&P 500 index declined 6 points, or 0.2%, to 2,359, with nearly all of the 11 main sectors trading lower.
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collected by :Jack Luxor
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Stock Market Roundup, Feb. 21: VZ Nabs YHOO For Cheap, WMT & HD Gain
ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. Keep Me Signed In What does "Remember Me" do? If you wish to go to ZacksTrade, click OK. ZacksTrade and Zacks.com are separate companies.TJX Cos.(TJX) shares rose 0.8% after the retailer narrowly beat earnings forecast and announced a 20% increase in dividends. Other markets: Asian markets mostly rose (http://www.marketwatch.com/story/asian-stocks-edge-up-ahead-of-fed-minutes-2017-02-21), led by a 0.8% gain for the Hong Kong Hang Seng Index . The major U.S. stock indexes closed at simultaneous records for a second-straight session on Tuesday (http://www.marketwatch.com/story/records-for-us-stocks-hang-in-the-balance-ahead-of-wal-mart-results-pmi-data-2017-02-21). (http://www.marketwatch.com/story/market-timing-is-out-of-favor-so-is-a-stock-market-top-near-2017-02-21)Fed minutes ahead: A report on existing-home sales for January is due at 10 a.m. Eastern Time, but investors will be focusing on the minutes of the Jan. 31-Feb. 1 Federal Open Reserve Committee meeting, due at 2 p.m. Eastern. The S&P 500 index declined 6 points, or 0.2%, to 2,359, with nearly all of the 11 main sectors trading lower.
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collected by :Jack Luxor
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