29-01-2020 22:55 via feedproxy.google.com

Apple helps boost Dow as Fed holds rates steady

Apple today helped to boost the Dow Jones Industrial Average after posting stellar results. The Dow closed today up 0.57%, the S&P 500 was up 0.45%, and the Nasdaq was up 0.54%.
Chuck Mikolajczak for Reuters:Stocks showed little reaction to the Federal Reserve’s policy statement. The Fed, as expected, held rates steady while offering no new guidance on its balance sheet or mentioning any economic risks that could come about from the coronavirus outbreak in China.
“The biggest thi
Read more »