The New Stock That Surged 15%

A WSJ report suggested the Fed won't consider a half-point rate cut at its July meeting

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Market Recap
 
 

7/19/2019

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Fed Anxiety Keeps a Lid on Stocks

By Karee Venema

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It was another choppy session for stocks, as traders digested a fresh round of earnings and a clarification on Thursday's comments from New York Fed President John Williams -- which sparked a tweetstorm from President Donald Trump. However, a Wall Street Journal report indicating the Fed will likely stick to a quarter-point rate cut at its July meeting instead of a half-point one pressured the Dow, S&P, and Nasdaq into the close, though the former's losses were limited thanks to a big day for Boeing (BA).

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LATEST HEADLINES

>> Fed Chatter, Tech Earnings Drive Bumpy Finish to Record Week
It was an eventful week for retail stocks and Dow names
>> Behind Chewy's Earnings Debut
Chewy unveiled its quarterly earnings report, the first since going public in June
>> Analyst: This Stock Could Fall Another 40%
BofA-Merrill Lynch downgraded the equity to "underperform"
>> This Chemical Stock Could Burn Bulls, Says Analyst
J.P. Morgan Securities reinstated coverage with an "underweight" rating
>> Options Bulls Pounce as Boeing Takes Off
Some Boeing traders are looking ahead to next week's earnings report
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