Nasdaq reverses, closes 2% higher…

Nasdaq reverses, closes 2% higher…

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Stocks close higher Wednesday after Fed meeting The major averages settled higher following the Federal Reserve's latest policy meeting. The Dow Jones Industrial Average rose 6.92 points, or 0.02% to 34,092.96. The SP 500 gained 1.05% to 4,119.21, reversing an early decline of almost 1%. Meanwhile, the Nasdaq Composite added 2% to 11,816.32. — Sarah Min Now is the 'most opportunistic environment' to invest in fixed income, Goldman's Whitney Watson says For investors, the most important takeaway from today's Fed action is that the focus of 2023 has suddenly shifted from soaring inflation to slowing economic growth, according to Whitney...
Source: https://www.cnbc.com/2023/01/31/stock-market-futures-open-to-close-news.html