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Kiplinger
Kiplinger
Business
David Dittman

Stocks Are Up and Down on Fed Day: Stock Market Today

Stocks turn from green to red on fed day.

The main U.S. equity indexes opened higher and bounced about 45 minutes into the Fed Day trading session on more solid if unspectacular incoming economic data.

A broad though bumpy rally faltered after the FOMC met market expectations but defied President Donald Trump and held steady the target range for the federal funds rate at 4.25% to 4.50%.

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