- July 28, 2021
- Posted by: Stratford Team
- Category: Business
Comerica Bank CIO John Lynch shares his expertise on FAANG stock investing.
U.S. stocks traded mixed early Wednesday as investors sorted through earnings from several blue-chip and tech bellwethers ahead of the Federal Reserve’s latest policy decision.
Ticker Security Last Change Change %I:DJI DOW JONES AVERAGES 35050.54 -7.98 -0.02%SP500 S&P 500 4406.92 +5.46 +0.12%I:COMP NASDAQ COMPOSITE INDEX 14763.647569 +103.07 +0.70%
The Dow Jones Industrial Average rose over 20 points or 0.02%, while S&P 500 and Nasdaq Composite were little changed. The major averages on Tuesday fell from record highs while snapping their five-day winning streaks.
The Fed, at the conclusion of its two-day meeting on Wednesday, is expected to keep both its asset purchase program and interest rates unchanged. Instead, Fed watchers will focus on any clues the central bank gives about the upcoming changes to its policy.
FED MEETING AS SURGING INFLATION, RISING COVID-19…
