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And later, pfizer shares catch a bid after earnings new York Community bank surprises investors with a clear path to profitability, and big moves from qualcomm and zillow in the afterhours. Were breaking it all down im melissa lee, coming to you live from the Nasdaq Market site in times square. The s p initially soaring more than a percent, but pulling back sharply in the last hour of trading to close in the red. The nasdaq had been up nearly 2 at the highs, also finished lower. Rates, meantime, also ricocheting with a twoyear following ten basis points at the lows, as chair powell seemed to take a rate hike mostly off the table, but yields climbing off those levels for more on what came out of the central bank, cnbcs Steve Liesman joins us now what was your overall take in terms of hawkish, dovish a little more hawkish than expected, melissa. The market maybe dodged a bullet the fed, they kept rates unchanged, that was expected but it was silent about what impact stalled inflation pro

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