From TradingView: 2024-05-06 19:13:02

The U.S. Federal Reserve kept interest rates unchanged but hinted at possible rate cuts in the future. This news has sparked activity in Chevron Corp ($CVX) due to its reliance on debt financing and attractive dividend yield. Lower rates could boost economic activity and oil demand, benefiting companies like Chevron.

Apple Inc ($AAPL) is also seeing increased trading activity post-Fed announcement. Lower interest rates would reduce borrowing costs for Apple’s aggressive investments, leading to growth opportunities. Additionally, Apple recently reported its second quarter financial results, driving investor interest.

Walt Disney Co ($DIS) is actively traded following the Fed’s decision. Rate cuts typically spur consumer spending, benefiting companies like Disney in the entertainment sector. Disney is set to report its Q2 earnings soon, with expectations of higher earnings per share. The stock is up nearly 30% from its year-to-date low.



Read more at TradingView: 4 most active stocks on Dow Jones after US Fed kept interest rates unchanged — TradingView News