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Stocks were very quiet heading into the Fed policy announcement at noon ET, but things got a little more noisy after that. It was a volatile afternoon and by the close the Dow had lost 114-points. Most stock indices and bonds were down on the day as the dollar spiked.
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Stocks rallied again on Tuesday with the Dow adding another 89-points. Small caps led the way yesterday and bonds also posted a gain. Today, Janet Yellen takes the stage so the market will get a better idea of her thoughts on the economy, and monetary policy - possibly a market mover.
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Stocks opened sharply higher on Monday, and while Monday morning gaps have a tendency to not be be trustworthy, the indices actually held onto the gains - or most of them - all day. The Dow ended the day up 182-points, while small caps lagged and bonds pulled back.

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Stocks were mixed on Friday but there was certainly tension in the air leading into weekend that would see a referendum on whether the annexation of part of the Ukraine by Russia would pass. The Dow lost 43-points while the small caps put together a fairly good day.
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Stocks had a bad week last week as the Dow was down all 5 trading days. That hasn't happened since May of 2012. The market seemed to be pricing in a bad outcome from the referendum to be held Sunday on the annexation by Russia of part of the Ukraine.




Here are the weekly, monthly, and annual TSP fund returns through Friday, March 14...

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