FOX Business’ Edward Lawrence says the Federal Reserve will suspend stock buybacks for banks and cap the dividends banks can give in the third quarter to the second quarter.
U.S. equity futures are pointing to a lower market open to end the week.
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The major futures indexes suggest a loss of 0.3 percent when Friday’s Wall Street session begins.
Wall Street closed higher after the Federal Reserve and other regulators announced they will ease rules that limit banks’ ability to invest in hedge funds and some other areas.
The change could help to shore up slim bank profits after central