The Fed hiked. The Dow fell 1.21%. The Nasdaq dipped 0.01%—basically a shrug.
Sixteen officials penciled in one more hike this year. $NVDA rose 0.75%, apparently leaving the dot plot on read.
If there’s one more episode, does it land in October or December?
#AI
The indexes kept sliding, but a few hardware names got back on their feet: $AMD +3.3%, $QCOM +3.9%, and $DELL +4.9%.
Oil and rates had zero interest in helping. Brent hit $108.42, and the 10-year Treasury yield poked above 5.04% intraday.
The Fed decision lands at 2 p.m. ET, with the presser at 2:30. Can these hardware names keep climbing once the Fed takes the mic?
Full report in the replies 👇
#AI
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