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Indexes Hold Firm After Fed Hikes Rates Again; PCTY, BA, DT In Focus

Published 2 years, 6 months ago
Description

The Federal Reserve, as expected, hiked the federal funds rate by another 25 basis points to a range of 5.25% to 5.50%. The Nasdaq held up well even as several chip stocks came under heavy selling pressure. Paylocity is trading tightly after a big move, while Boeing and Dynatrace are still in buy zones.

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