Stocks Rise After Fed Decision On Interest Rates

published 29.07.2020 21:19


The stock remains the No. 2-performing Dow Jones component in 2020, with a 29% gain through Tuesday's close.

Also among top gainers was Dow Jones stock Apple (AAPL), which reports earnings Thursday after the close.

The Dow Jones industrials moved up 0.6% Wednesday, while the S&P 500 traded up 1.3%.

The Dow is still down about 8% while the Nasdaq has posted gains of roughly 16% year-to-date and the S&P 500 is around breakeven.

The Dow Jones Industrial Average rose slightly in today's stock market after the Federal Reserve left interest rates near zero, noting that economic activity and employment have picked up in recent months.