US Stock Market Sees Mixed Results Amidst Fed Decision and Inflation Data
TL;DR Summary
The major stock market indexes closed mixed on Wednesday after the Federal Reserve held interest rates unchanged but indicated two more rate increases are still on the table. The Nasdaq advanced 0.4%, the Dow Jones Industrial Average slid 0.7%, and the S&P 500 inched 0.1% higher. Oracle rallied 4.8% in heavy volume, while UnitedHealth Group tumbled 6.4% after CEO Tim Noel warned of a higher number of routine surgeries in seniors in the last two months.
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- Stocks wobble as Fed skips a rate hike but forecasts more: Stock market news today Yahoo Finance
- How major US stock indexes fared Tuesday 6/13/2023 The Washington Post
- Dow Jones Falls After Key Inflation Data; Fed Decision, Powell Comments Later Today Investor's Business Daily
- US bank shares rise on inflation data, positive Wells Fargo comments Yahoo Finance
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