News Snapshot:
My top 10 things to watch Thursday, May 2 The S & P 500 and Nasdaq are higher Thursday, one day after they surrendered their post-Federal Reserve meeting gains and closed modestly lower. After leaving interest rates unchanged, Fed chief Jerome Powell essentially ruled out a hike as central bankers' next move. He said that cutting rates would only be considered when policymakers are confident that inflation is on its way to their 2% target. Powell said during Wednesday's news conference: "I don't see the 'stag' or the 'flation,'" knocking down worries about stagnating economic growth and overheating inflation that...