Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

Stocks Hold Firm After Inflation Data, Fed Minutes; ADBE, PSN, LII In Focus

Stocks Hold Firm After Inflation Data, Fed Minutes; ADBE, PSN, LII In Focus

FromStock Market Today With IBD


Stocks Hold Firm After Inflation Data, Fed Minutes; ADBE, PSN, LII In Focus

FromStock Market Today With IBD

ratings:
Length:
17 minutes
Released:
Oct 11, 2023
Format:
Podcast episode

Description

Breadth was slightly negative on the Nasdaq but slightly positive on the NYSE. The minutes from the September Fed meeting showed the majority of officials favoring one more rate hike before the end of the year. Money flowed into bonds again, sending the 10-year Treasury yield lower for a second straight session. Adobe is back above its 10-week line as it forms a good base, while Parsons and Lennox International are near buy points.
Released:
Oct 11, 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.