US close: Stocks mixed following FOMC decision
From Sharecast: 2024-06-13 16:53:20
Wall Street stocks saw mixed performance on Thursday after the Federal Open Markets Committee’s interest rate decision. The Dow ended 0.17% lower, while the S&P 500 rose 0.23% and the Nasdaq Composite climbed 0.34%. The Federal Reserve kept rates unchanged, with just one cut expected before 2024. Unemployment claims rose, while wholesale inflation dipped unexpectedly. In corporate news, Broadcom rallied, while Dave & Busters fell. Reporting by Iain Gilbert at Sharecast.com. Dow Jones saw risers like JPMorgan Chase, Home Depot, and UnitedHealth Group, while fallers included Salesforce, Boeing, and Intel. S&P 500 risers included Broadcom and Arista Networks, with fallers like Albemarle and Danaher Corp. Nasdaq 100 saw risers like Broadcom and Nvidia, and fallers like Qurate Retail and Sirius XM Holdings Inc.
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