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Major indices mixed after FOMC hawkish pause

The FOMC kept rates unchanged but the dot plot forecasts 50 basis point hikes between now and the end of the year.The initial reaction was to the downside in stocks,Dow Industrial Average was down -428.58 points at the lowsS&P index was down -31.17 points at the lowsNASDAQ index was down -117.33 points at the lowsby the close, the indices had rebounded. The final numbers are showing:Dow industrial average fell -232.79 points or -0.68% at 33979.32S&P index rose 3.50 points or 0.08% at 4372.52NASD... Read More

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Content Topics

Major

Indices

Mixed

After

Fomc

Hawkish

Pause

Forex

Posted: Jun 14 2023, 20:09

Author Name: forexlive

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