YUM - Fear Continues To Grip Markets After Fed's Rate Decision | Benzinga
The CNN Money Fear and Greed index remained in the "Fear" zone on Wednesday.
U.S. stocks closed higher on Wednesday after the Federal Reserve maintained interest rates for a second straight time. Bond yields, meanwhile, fell following the interest-rate decision.
The Kraft Heinz Company (NASDAQ: KHC) shares gained around 2.6% on Wednesday after releasing results for the third quarter. Yum! Brands, Inc. (NYSE: YUM) reported better-than-expected earnings for its third quarter.
On the economic data front, private businesses in the U.S. added 113,000 workers in October, compared to market estimates of a 150,000 increase and versus a gain of 89,000 in the prior month. The ...