Stocks got a mid-week boost after the Federal Reserve kept interest rates unchanged. However, a poor earnings report from FedEx Inc. (NYSE: FDX) had stocks drifting lower and set for another week of losses. Investors are trying to price in uncertainty regarding the Trump administration’s tariffs, which are set to go into effect on April 2. The risk of a recession continues to hover over the market.
Next week, investors will get the latest reading on the Personal Consumption Expenditures (PCE) index. It’s likely to confirm that the pace of inflation is slowing, but it will also take some time before the rate reaches the Federal Reserve’s preferred 2% target.
The trends are towards a broader correction. However, there are always opportunities to keep your portfolio in good shape. And the MarketBeat team of analysts is here to help. Here are some of our most popular articles from this week.