Indexes Hold Firm After Fed Hikes Rates Again; Paylocity, Boeing, Dynatrace In Focus
Breadth stayed positive all day, even when indexes were down.
Stock Market Today With IBD · Investor's Business Daily
July 26, 202312m 10s
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Show Notes
The Federal Reserve, as expected, hiked the federal funds rate by another 25 basis points to a range of 5.25% to 5.50%. The Nasdaq held up well even as several chip stocks came under heavy selling pressure. Paylocity is trading tightly after a big move, while Boeing and Dynatrace are still in buy zones.
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