Stock Market Update
18-Sep-24 15:05 ET
Choppy action continues during press conference
Dow -67.89
at 41538.29,
Nasdaq -35.75
at 17592.29,
S&P -11.30
at 5623.28
[BRIEFING.COM] The major indices trade in a volatile fashion following to the FOMC decision and in response to Fed Chair Powell's ongoing press conference.
The Treasury market has also exhibited choppy action. The 10-yr note yield moved 3.65% immediately after the release of the policy directive, but sits at 3.70% now. The 2-yr note yield hit 3.54% after the release, but sits at 3.62% now.
The US Dollar Index is down 0.1% to 100.78.
