Stocks turned in a relatively lackluster performance during trading on Thursday, as traders took a breather following the rally seen in the previous session. Despite the choppy trading, the Nasdaq and the S&P 500 once again reached new record closing highs.
WASHINGTON (dpa-AFX) - After an early rally on tamer than expected consumer price inflation data, stocks saw some volatility following the Federal Reserve's monetary policy announcement but still
After an early rally on tamer than expected consumer price inflation data, stocks saw some volatility following the Federal Reserve's monetary policy announcement but still managed to end Wednesday's trading mostly higher.
After moving sharply higher early in the session, stocks continue to see significant strength in afternoon trading on Wednesday. With the upward move, the Nasdaq and the S&P 500 have reached new record intraday highs.
After an early rally on tamer than expected consumer price inflation data, stocks saw some volatility following the Federal Reserve's monetary policy announcement but still managed to end Wednesday's trading mostly higher.