June 17, 2015

On Wednesday the S&P 500 was up 0.2% while Toronto was down 0.1%

Janet Yellen, chair of the FED, said she expects the FED to start to increase interest rates before the end of  this year. Also the indication is that the rise in interest will be slow. Stocks responded positively to this.

Stocks on the rise today included RioCan REIT up 2.1% and Canadian Western Bank up 1.9%.

FedEx was down 3.0% as higher costs resulted in lower-than-expected earnings.

My next update will be for Walmart. I plan to soon update a few more companies as well and then to add some new ones to the list.