Stocks Shrug Off Fed Commentary
April 27, 2016 at 14:13 PM EDT
Stocks didn’t have much of a reaction to the Federal Reserve’s statement following its two-day meeting. The central bank held rates steady , as widely expected, although it did remove language about global events posing a risk. Immediately following the release of the commentary the U.S. dollar climbed, while gold and oil futures pulled back. Treasury yields were also lower. Read More »