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Markets

Well...stocks liked what the Fed did.

S&P ends up 1.44%

The S& P is ending up 1.44% (+29.55 points)

The Nasdaq is ending up 1.52% (+75.77 points)

The Dow is up +1.28% (223.78 points)

The S&P is back above the 50 and 200 day MAs after bouncing off the 50% earlier in the week and moving above the 100 day MA yesterday.

Happy days are here again (at least for the day).

Crude oil prices tumbled today, however on higher inventories. $35.65 down 4.55% on the day

Bond yields are higher.

2 year yields ar up 4 bp to 1.004%

5 year yields are up 4 bp to 1.744%

10 year yields are up 3 bp to 2.292%

30 year yields are up 2 bp to 3.003%

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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