A Short-Term Dow Stock for Bulls

The central bank, as expected, made the decision to hold interest rates steady

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Market Recap
 
 

12/11/2019

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Dow Holds Steady After Fed Decision

By Lillian Currens

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The Dow waffled again today, eventually settling in positive territory, as Wall Street kept its eye on the Fed meeting. The central bank as expected said it would hold interest rates steady for the time being, hinting that no changes in monetary policy may be needed for some time given how low inflation has remained. While the Nasdaq managed to outperform on strength from chip stocks, the S&P mostly followed the Dow's lead, trading flat for most of the session.

Continue reading for more on today's market, including:.

  • The blue chip stock traders might want to target before the year's end. 
  • What options players are saying about this retailer ahead of earnings 
  • Plus, STMP stock could keep surging; behind FTSV stock's impressive rally; and MA stock gets a bull note. 
>> Continue reading...
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