Dow Rises as Fed Says Growth Risks Cause Pause in Rate Hikes
Stocks are higher as Wall Street digests the Federal reserve minutes which explained why the central bank paused its plan to raise rates.
Here Are 3 Hot Things to Know About Stocks Right Now
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The Dow Jones Industrial Average rose 63 points, or 0.24%, to 25,954, the S&P 500 was up 0.18%, and the Nasdaq rose 0.03%.
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https://www.thestreet.com/markets/stocks...s-14871805
Stocks are higher as Wall Street digests the Federal reserve minutes which explained why the central bank paused its plan to raise rates.
Here Are 3 Hot Things to Know About Stocks Right Now
- The Dow Jones Industrial Average jumped Wednesday following the release of minutes from the January meeting of the Federal Reserve's rate-setting committee. The Nasdaq has closed with gains for seven straight sessions.
- CVS Health Corp. (CVS - Get Report) posted stronger-than-expected fourth-quarter earnings but its 2019 profit guidance fell far short of Wall Street forecasts. The stock sank 8.1%.
- Tesla Inc. (TSLA - Get Report) said it was replacing its general counsel Dane Butswinkas just two months after he joined the electric carmaker. The stock fell 1%.
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The Dow Jones Industrial Average rose 63 points, or 0.24%, to 25,954, the S&P 500 was up 0.18%, and the Nasdaq rose 0.03%.
...
https://www.thestreet.com/markets/stocks...s-14871805
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