TSP Talk Blog

Stocks tip-toed tentatively into the FOMC policy statement on Wednesday, and despite no rate cut, we saw a bit of a relief with some modest buying in the post announcement trading. The Dow gained 38-points or 0.15%, while the S&P, Nasdaq, and the small caps saw moderately larger gains. The Fed did not cut rates but clearly left the door open for one at their next meeting at the end of July.

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