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

EPISODE · May 3, 2023 · 17 MIN

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

What this episode covers

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

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

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Frequently Asked Questions

How long is this episode of Stock Market Today With IBD?

This episode is 17 minutes long.

When was this Stock Market Today With IBD episode published?

This episode was published on May 3, 2023.

What is this episode about?

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...

Can I download this Stock Market Today With IBD episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
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