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Barchart
Barchart
Rich Asplund

Stocks Waver as Fed Preaches Patience on Rate Cuts

Bostic United States Waller Atlanta Fed SEC Inflation Interest Rates Palo Alto Networks US Federal Reserve

The S&P 500 Index ($SPX) (SPY) today is up +0.11%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.16%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.09%. 

US stock indexes today are mixed.  Stocks are wavering today based on comments from Fed Governor Waller and Atlanta Fed President Bostic, who said they favor waiting for inflation to decline before cutting interest rates.  A decline in T-note yields today is a supportive factor for equities.

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