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Post FOMC React

US STOCKS

Stocks had extended session highs after FOMC expected 75bp hike, trading desks cite main change in statement: "Recent indicators of spending and production have softened."
Two way ensues, stocks still higher but trimming gains, current levels:

  • DJIA up 65.41 points (0.21%) at 31827.39
  • S&P E-Mini Future up 47.25 points (1.2%) at 3970.5
  • Nasdaq up 273.3 points (2.4%) at 11835.98
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Stocks had extended session highs after FOMC expected 75bp hike, trading desks cite main change in statement: "Recent indicators of spending and production have softened."
Two way ensues, stocks still higher but trimming gains, current levels:

  • DJIA up 65.41 points (0.21%) at 31827.39
  • S&P E-Mini Future up 47.25 points (1.2%) at 3970.5
  • Nasdaq up 273.3 points (2.4%) at 11835.98