TSP Talk Blog

Stocks were up early on the Alphabet and Microsoft earnings, but moved into another gear higher after the Fed's new policy statement announcement on rates and the speech that followed. Getting a big move in stocks on an FOMC meeting day is not a surprise. This year having those rallies hold the day after is the tricky part. The Dow gained 436-points and it was actually lagging the broader indices which gained 2.6% to 4% depending on the index.

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