The Dow is swimming in red ink, however
| |  4/28/2021 | | | Have you seen our volatility scorecard? Sign up by clicking here! | S&P 500 Hits Intraday Record Ahead of Fed Decision | By: Jake Scott | | Stocks are mostly lower at midday, as investors digest Big Tech earnings and the Federal Reserve wraps up its two-day policy meeting, with comments from Fed Chair Jerome Powell scheduled for 2:30 p.m. The central bank is not expected to make major moves -- rather, it is more likely to back up its current stance on inflation. At last check, the Dow Jones Industrial Average (DJI) is off around 122 points. The S&P 500 Index (SPX) is only marginally higher, after earlier hitting an intraday high, while the Nasdaq Composite (IXIC) is in the red. Looking ahead, U.S. President Joe Biden will give an update on his $1.8 trillion families and children plan later today. Continue reading for more on today's market, including: - Chip name attracts bull notes after earnings beat.
- What the brokerage bunch has to say about Visa stock.
- Plus, call traders rush BlackBerry stock; Reddit's latest target soars; and BIVI sinks following acquisition.
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