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Barchart
Barchart
Rich Asplund

Markets are Mixed After FOMC

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The S&P 500 Index ($SPX) (SPY) is down -0.28%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.29%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.23%. 

The market is mixed the FOMC was released this afternoon. Chairman Jerome Powell announce no change in the 5.25%-5.50% fed funds target range for a sixth straight meeting.  Powell said, “I think it’s unlikely that the next policy rate move will be a hike. I’d say it’s unlikely.”

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