Stocks Hold Firm After Inflation Data, Fed Minutes; ADBE, PSN, LII In Focus episode artwork

EPISODE · Oct 11, 2023 · 17 MIN

Stocks Hold Firm After Inflation Data, Fed Minutes; ADBE, PSN, LII In Focus

from Stock Market Today With IBD · host Investor's Business Daily

Breadth was slightly negative on the Nasdaq but slightly positive on the NYSE. The minutes from the September Fed meeting showed the majority of officials favoring one more rate hike before the end of the year. Money flowed into bonds again, sending the 10-year Treasury yield lower for a second straight session. Adobe is back above its 10-week line as it forms a good base, while Parsons and Lennox International are near buy points. Learn more about your ad choices. Visit megaphone.fm/adchoices

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Stocks Hold Firm After Inflation Data, Fed Minutes; ADBE, PSN, LII In Focus

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