4 most active stocks on Dow Jones after US Fed kept interest rates unchanged
From Investors Observer: 2024-05-06 19:13:00
The U.S. Federal Reserve maintained its benchmark rate but left open the possibility of rate cuts soon. Chevron (CVX) saw high activity post-announcement as lower rates could boost oil demand and revenue. Apple (AAPL) is also active as lower rates reduce borrowing costs for tech investments. Disney (DIS) anticipates strong Q2 results amid post-rate cut consumer spending trends. Trading volumes for these stocks have surged post-Fed announcement.
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