Want to join the conversation?
In the FOMC Minutes, the staff's outlook for inflation was revised down slightly in the near term in response to recent data for consumer prices and the further decline in crude oil price; over the medium term, the projection was little revised. Inflation would rise gradually over the next several years and reach the objective of 2% by end of 2018.
$NFLX a monster move, going up. Expect making some money on Monday.
$AMD down more than 6% even after posting above consensus third quarter results.
$MCD stock rose more than 2% after it posted better than expected 3Q16 results, driven by global same-store sales growth. Meanwhile, earnings and revenue were lower than last year, hurt by refranchising efforts.