The Dow Jones fell as the Fed rally faltered. Adobe stock plunged. Tesla stock skidded lower even as Ford raced higher on an upgrade. Read More...
Motley Fool
Markets Get a Fed Bounce — and These Mega-Stocks Were Big Winners
The stock market got a nice recovery on Wednesday, spurred by a measured response from the Federal Reserve with respect to its monetary policy going forward. The Fed walked the fine line between doing too much or too little to address ongoing concerns about inflation, and investors were pleased with what they saw. After having been down much of the day, the S&P 500 (SNPINDEX: ^GSPC), Dow Jones Industrial Average (DJINDICES: ^DJI), and Nasdaq Composite (NASDAQINDEX: ^IXIC) finished with sizable gains.
