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Investors Business Daily
Investors Business Daily
Business
ALISSA CORAM

Stocks Fade Late On Hawkish Fed Tone; Lululemon, Costco, CrowdStrike In Focus

Costco CrowdStrike Lululemon Nasdaq the Federal Reserve

Sellers came into the market after the Federal Reserve, as expected, left the federal funds rate unchanged. The Nasdaq composite marked its fourth distribution day in 10 trading sessions. Lululemon moved back into a buy zone; Costco is near the top of a shallow base and CrowdStrike continues to hold gains well after gapping up on earnings.

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