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Indexes Hold Firm After Fed Hikes Rates Again; Paylocity, Boeing, Dynatrace In Focus

Indexes Hold Firm After Fed Hikes Rates Again; Paylocity, Boeing, Dynatrace In Focus

FromStock Market Today With IBD


Indexes Hold Firm After Fed Hikes Rates Again; Paylocity, Boeing, Dynatrace In Focus

FromStock Market Today With IBD

ratings:
Length:
12 minutes
Released:
Jul 26, 2023
Format:
Podcast episode

Description

The Federal Reserve, as expected, hiked the federal funds rate by another 25 basis points to a range of 5.25% to 5.50%. The Nasdaq held up well even as several chip stocks came under heavy selling pressure. Paylocity is trading tightly after a big move, while Boeing and Dynatrace are still in buy zones.
Released:
Jul 26, 2023
Format:
Podcast episode

Titles in the series (100)

A roundup of the most compelling market action each trading day at the closing bell from Investor's Business Daily.