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Shares of Symbotic Inc. (SYM) rose 35% on Monday following after the company reported its second-quarter results, with revenues beating Street view. Symbotic is currently trading at $57. ....
shepard: big news from wall street from the fed today. wall street didn t like it. the dow down more than 280 points, nasdaq 52. s&p 35, after the federal reserve announced a plan to shift around $400 billion in bond holdings. it s a tactic the fed hasn t tried in half a century. policymakers say the plan will lower rates on mortgages and other loans. some investors say it could lead to higher inflation. a fear reflected in those numbers. let s get to peter barnes from the fox business network. what does the fed mean when it calls it twisting these funds? that s a word they are using to twist. economists have nicknamed this operation twist because the fed tried it in 1961 when chubby checker was singing let s twist again. but today it refers to the fed s ....