Yay for the Fed
Yay for the Fed
The Federal Reserve has cut the interest rate by a quarter point. Investors responded well with the Dow Jones Industrial Average ending up 132.34 points up .96 percent for the day. The NASDAQ ended up 42.41 points up 1.51 percent for the day. Most of my stocks were up for the day and continue to rise in after hours trading. Google stock responded by reaching $705 a share. Walmart (WMT) was down .71 percent for the day down 8% (not including dividends) for a two year period.
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