The Fed strikes a cautious tone. Here's why the stock market didn't seem to care

  • 📰 CNBC
  • ⏱ Reading Time:
  • 9 sec. here
  • 23 min. at publisher
  • 📊 Quality Score:
  • News: 80%
  • Publisher: 72%

Skyworks Solutions Inc News

Oracle Corp,Broadcom Inc,Johnson & Johnson

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market pop: Wall Street was able to hold onto strong gains Wednesday despite the Federal Reserve signaling just one interest rate cut this year, based on the median dot plot projection. That, of course, could shift if the data changes. The Fed left rates unchanged following its two-day June meeting, as expected.

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines