Stocks Fluctuate After FOMC Decision
From Nasdaq: 2024-05-01 16:00:27
The S&P 500 and Dow Jones are up, while the Nasdaq 100 also shows gains. The FOMC meeting brings no change to rates and a possibility of a future cut. Corporate earnings show mixed results, with some major companies reporting decline. Overall, Q1 earnings beat expectations, boosting stock prices. Initial jobless claims are up slightly. Overseas stock markets are down. Interest rates are up slightly. Major stock movers this week include CVS, Starbucks, and Amazon. Many companies are reporting Q1 earnings, with most beating expectations.
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