The Federal Reserve kept interest rates unchanged, and the three major U.S. stock indexes closed mixed
2024-05-01 20:17:32
The Federal Reserve kept interest rates unchanged, and Powell said he did not have much confidence in whether he would cut rates this year. The three major U.S. stock indexes ended mixed gains, with the Dow up 0.23%, the Nasdaq down 0.33%, and the S & P 500 down 0.34%. Big technology stocks rose and fell, with Amazon and Meta up more than 2%, Microsoft up more than 1%, Netflix and Google up slightly; NVIDIA fell more than 3%, Tesla fell more than 1%, and Apple and Intel fell slightly.
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