hr: Money

On Monday, the stocks had done well, with the market reacting well to the News that Wrigley was being acquired by Mars for $23 Billion. However, investors might do well to wait a little longer for the hoped for market recovery.

Photo Credit: AComment

The Dow Jones, as well as the Standard & Poor’s 500 lost a little bit and the end of Monday. The Nasdaq on the other hand, was more or less the same.

After stocks had reached their peak after January, analysts and investors took hope that the recession was over, and were encouraged from the not wholly disappointing quarterly results. Rumors, and news about mergers were enough to make the market happy.

However, since the Fed Policy meet might give unexpected results, investors held back waiting for more information about the decisions of the meeting.

The Federal Reserve meeting that is to be held over two days on Tuesday and Wednesday, will determine whether or not interest rates are to be cut yet again. The market is hoping that the rates will not be cut again. Other factors that led investors to hold back, is the April Jobs report, and the first-quarter GDP growth. Both of these factors could give official information as to whether or not the economy is indeed in a recession.