NewsWatch: Stock market could test new highs as rate hike jitters fade


The Federal Reserve this week fired its first warning shot on higher interest rates by the end of the year, awaking the bears from hibernation. But the damage to equities is likely to be minimal and once Wall Street regains its composure, the stock market is expected to grind higher. See full story.

As Apple’s ‘death cross’ turns 1, the stock heads toward a ‘golden cross’

Apple bears can celebrate the first anniversary of the last bearish “death cross,” just the second time since the stock went public in 1980 that the 50-day moving average stayed below the 200-day moving average for at least a year.

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