Stocks were flat after yesterday’s post-Federal Reserve meeting bump, with the health care sector weighing down the S&P 500 Index and the biotech industry in particular holding back the Nasdaq.
Dr. Brian Jacobsen provides reaction to the Fed’s recent action and ideas for investors.
Stocks closed with solid gains after the Fed raised interest rates on a busy day for the markets.
It’s official: The Federal Reserve (Fed) is hiking interest rates again.
Stocks sagged after a drop in crude oil prices weighed on the energy sector, while tomorrow’s interest rate decision from the Federal Open Market Committee occupied investors’ attention.
“Anyone can get old. All you have to do is live long enough.” Groucho Marx
Stocks ended mixed as investors awaited the Federal Reserve’s decision on interest rates, due on Wednesday after the central bank’s policy meeting.
The major indexes ended the day higher as enthusiasm for a favorable February U.S. employment report outweighed concerns about falling commodity prices. The indexes ended the week lower.
Dr. Brian Jacobsen provides three constructive ideas to focus clients in times of political flux.