EPISODE · Jul 26, 2023 · 12 MIN
Indexes Hold Firm After Fed Hikes Rates Again; Paylocity, Boeing, Dynatrace In Focus
from Stock Market Today With IBD · host Investor's Business Daily
The Federal Reserve, as expected, hiked the federal funds rate by another 25 basis points to a range of 5.25% to 5.50%. The Nasdaq held up well even as several chip stocks came under heavy selling pressure. Paylocity is trading tightly after a big move, while Boeing and Dynatrace are still in buy zones. Learn more about your ad choices. Visit megaphone.fm/adchoices
What this episode covers
The Federal Reserve, as expected, hiked the federal funds rate by another 25 basis points to a range of 5.25% to 5.50%. The Nasdaq held up well even as several chip stocks came under heavy selling pressure. Paylocity is trading tightly after a big move, while Boeing and Dynatrace are still in buy zones. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Indexes Hold Firm After Fed Hikes Rates Again; Paylocity, Boeing, Dynatrace In Focus
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