Stocks Perk Up as Powell Presser Begins
Market Intelligence Analysis
AI-PoweredThe stock market experienced a positive reaction with the Dow increasing by 0.2% as Federal Reserve Chairman Jerome Powell began his press conference, despite the Fed's expected decision to keep interest rates steady.
Market impact analysis based on bullish sentiment with 80% confidence.
Article Context
The stock market perked up after Federal Reserve Chairman Jerome Powell began his Wednesday press conference. The Dow was up 90 points, or 0.2%. The S&P 500 was flat. The Nasdaq Composite was flat. Stocks didn’t really react to the Fed’s widely expected decision to keep interest rates steady on Wednesday.
Analysis and insights provided by AnalystMarkets AI.