Fed's actions and inflation data impact stock market.
TL;DR Summary
The stock market ended flat on Wednesday after a volatile session as investors digested the Fed's decision to leave rates on hold while signaling more tightening than expected. The Fed delivered the first pause of this tightening cycle while keeping the door open for up to two additional hikes this year, leading to a "Jekyll and Hyde" meeting, according to Jim Smigiel, chief investment officer at SEI.
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- Investor Sentiment Improves Further Following Inflation Report - Aurora Cannabis (NASDAQ:ACB), Lennar (NY Benzinga
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