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    Stock Market Today Impacted By FOMC, AMD, EA, SNAP, META

    Stock Market Today Impacted By FOMC, AMD, EA, SNAP, META

    FromSchwab Network

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    Stock Market Today Impacted By FOMC, AMD, EA, SNAP, META

    FromSchwab Network

    ratings:
    Length:
    4 minutes
    Released:
    Feb 1, 2023
    Format:
    Podcast episode

    Description

    Dow Jones today was relatively flat, while the Nasdaq-100, S&P 500 Index or SPX, and Russell 2000 closed higher. Stocks rallied after the FOMC raise rates by 25 BPS. Jerome Powell has stated that while inflation has eased, the Federal Reserve's work is not done. Next, Renita Young weighs in on AMD Inc. (AMD) stock price rallying after a strong earnings report. On the other hand, Electronic Arts (EA) shares plummeted after a forecast miss and delays in game releases. Also, Snap Inc. (SNAP) price targets were cut by analysts after their earnings call. Lastly, Meta Platforms (META) stock price rose in the post-market session after a revenue beat.
    Released:
    Feb 1, 2023
    Format:
    Podcast episode

    Titles in the series (100)

    A unique lineup of financial news and education programs, all available to stream without a subscription. Listen to industry experts track market action and interpret how it may apply to your investment portfolio. Get real-time insights, commentary, and exclusive access to CEOs, analysts, and market experts. Empowering Every Investor and Trader. Every Market Day. Produced by TD Ameritrade Media Productions Company, a wholly-owned subsidiary of TD Ameritrade Holding Corporation. TD Ameritrade Holding Corporation is a wholly owned subsidiary of The Charles Schwab Corporation. TD Ameritrade Media Productions Company is not a financial adviser, registered investment advisor, or broker-dealer. THE TD AMERITRADE NETWORK SITE, CONTENT, APPS, AND RELATED SERVICES, ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS, WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction, including, but not limited to persons residing in Australia, Canada, Japan, Saudi Arabia, UK, and the countries of the European Union. All TD Ameritrade Network content © TD Ameritrade Network. All rights reserved.