A rally attempt is ailing with the Nasdaq breaking below the 50-day line with Microsoft, Google and Tesla at key levels. The Fed decision is on tap. Read More...
Motley Fool
These 3 Stocks Have What Investors Want Today
A high reading on producer prices signaled that inflation could be a persistent problem, and now, market participants are waiting to see what the Federal Reserve will say about monetary policy going forward. The S&P 500 (SNPINDEX: ^GSPC), Dow Jones Industrial Average (DJINDICES: ^DJI), and Nasdaq Composite (NASDAQINDEX: ^IXIC) were all down on the day, although they finished well above their worst levels. Amid inflation concerns, investors seemed to gravitate toward companies associated with hard assets. Below, we’ll look more closely at these names to see why investors have confidence in their future prospects.
