Indexes Are Mixed as Chipmakers Rise; Tesla and Facebook Dip
The S&P 500 index held steady; Dow Jones rose 17 points to 26,457; Nasdaq fell 4 point to 8,046.
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Author: Financial Markets Group
Fed Chair: Rate Increases are Intended to Prolong Recovery
Chair says the economy is healthy and the Fed’s steady interest rate increases are intended to prolong expansion.
Daily Stock Market Update — Thursday, Sept. 27
The S&P 500 index rose 8 points to 2,914; Dow Jones rose 55 points to 26,440; Nasdaq rose 52 points to 8,042.
Economy Booms: GDP Grew at Robust 4.2% Rate in Q2
Economists believe growth has slowed in the current quarter to between 3 and 3.5%, still a solid pace.
US Stocks Waver Following Federal Reserve Rate Increase
The S&P 500 fell 9 points to 2,906; Dow Jones fell 107 to 26,385; Nasdaq rose 17 points to 7,990.
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