Market Outlook 

Market Outlook: Stocks tread ranges ahead of Fed decision, HSBC & Segro

Market Outlook: Stocks tread ranges ahead of Fed decision, HSBC & Segro
AP Photo | Federal Reserve Chair Jerome Powell is set to make a statement later today

Some of the biggest share price gains registered this week have been among companies that have filed for Chapter 11 bankruptcy protection – the likes of Hertz, JC Penney, Pier 1, Whiting Petroleum, as well as firms such as Chesapeake Energy and California Resources – which are about to file for bankruptcy. This is downright speculation, gambling by any other way of it looking at it.

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