Its summary of economic projections - or "dot plot" - due for release on Wednesday, will be closely scrutinized for clues regarding the extent of the central bank's patience. But some analysts question whether the dot plot deserves this level of scrutiny. "The dot plot is consistently higher than where rates turned out to be, so the credibility hasn't been that good," Hellwig said. Of the 11 major sectors of the S&P 500, eight closed in the red, with utilities and financials registering the biggest percentage drops. The S&P 500 posted 41 new 52-week highs and no new lows; the Nasdaq Composite recorded 68 new highs and 36 new lows.

Source: Ethiopian News March 19, 2019 11:55 UTC