Stocks Reverse Lower After Fed Hikes Rates Again; Uber, ELF, INSP Attract Buyers

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

Stocks were volatile after the Federal Reserve, as expected, raised the fed funds rate by another 25 basis points to 5% to 5.25%. But recession concerns are still out there in spades. Buyers pushed Uber higher again after a bullish Q1 report; ELF recovered after an early downdraft, while Inspire Medical jumped on earnings. Learn more about your ad choices. Visit megaphone.fm/adchoices

Episode metadata supplied by the publisher feed · Published May 3, 2023

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Stocks Reverse Lower After Fed Hikes Rates Again; Uber, ELF, INSP Attract Buyers

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