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June 18, 2021
NEW YORK — The S&P 500 ended Thursday barely changed after stocks sloshed around in mixed trading, as investors make preparations for a future where the Federal Reserve is no longer doing everything it can to keep interest rates super low.
Markets around the world were mixed but mostly calm after investors in Asia and Europe got their first chance to react to the Federal Reserve's signaling on Wednesday that it may start raising short-term interest rates by late 2023. The Fed's chair also said it began discussing the possibility of slowing its bond-buying program. Such support has been a key reason for the stock market's resurgence to records, with the most recent coming Monday.
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