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U.S. stocks little changed, Treasuries drop on Fed - Article


U.S. stocks fell, while Treasuries rose after the Federal Reserve maintained its support for the economy.
Policy makers strengthened their view of the economy and said that recent increases in inflation looked “transitory,” reassuring investors that the central bank is in no hurry to tap the brakes on growth. The dollar was lower, the 10-year Treasury rate was at 1.61 per cent and gold was little changed.
“No news is good news as far as the market is concerned because it means the Fed will remain accomodative for the near future,” said Ellen Hazen, portfolio manager and principal at F.L.Putnam Wealth Management. “This is a Goldilocks Fed. It is exactly what the equity markets are looking for.”

Germany , New-york , United-states , Japan , India , United-kingdom , Essex , Texas , Britain , Japanese , British , Jerome-powell

U.S. Stocks Rise With Earnings, Fed in Focus: Markets Wrap


U.S. Equities Mixed With Earnings, Fed in Focus: Markets Wrap
Bloomberg
4/28/2021
Richard Richtmyer and Vildana Hajric
(Bloomberg) -- U.S. equities were mixed as investors parsed the latest batch of corporate earnings reports and awaited clues on the timing of stimulus tapering by the Federal Reserve.
The S&P 500 climbed toward an all-time high while the Nasdaq 100 fell after the first round of results from tech megacaps. Alphabet Inc. was a standout gainer in both indexes, rising toward a record after its results showed a surge in ad sales related to travel and retail. Microsoft Corp. was among the biggest drags, dropping to a three-week low after the software maker failed to deliver the blockbuster results some analysts were looking for.

Germany , New-york , United-states , Japan , India , United-kingdom , Texas , Essex , Britain , Japanese , British , Jerome-powell