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Stock impact report

Fed meeting: Dow ends up slightly after Fed rate decision; Powell says next move unlikely to be rate hike [MarketWatch]

LPL Financial Holdings Inc. (LPLA) 
Last lpl financial holdings inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lpl.com
Company Research Source: MarketWatch
U.S. stocks finished mostly lower on Wednesday after Federal Reserve officials cited a lack of progress in getting inflation back to 2% and indicated they would remain highly attentive to the risks of price gains. The Dow Jones Industrial Average rose 87.37 points, or 0.2%, to 37,903.29, based on preliminary data. It had briefly jumped by as much as 533.28 points, putting it on track at one point for its best day in more than a month. The S&P 500 slipped 17.30 points, or 0.3%, to 5,018.39. The Nasdaq Composite fell 52.34 points, or 0.3%, to 15,605.48. "While markets had, once upon a time, expected rate cuts to commence as early as this spring, persistent upside inflation surprises through early 2024 have caused the Fed to delay the start of an easing cycle,'' said Guy LeBas, chief fixed income strategist at Janney Montgomery Scott in Philadelphia, which has $138 billion in assets under administration. "Policymakers are clearly feeling handcuffed by stubbornly high inflation Show less Read more
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