GIS - Investor Optimism Falls After Fed Keeps Rates Steady | Benzinga
The CNN Money Fear and Greed index showed a slight decline in overall sentiment among U.S. investors on Wednesday.
U.S. stocks closed lower on Wednesday after the Federal Reserve maintained the federal funds rate within the 5.25% to 5.5% range at its September meeting. However, Fed Chair Jerome Powell, expressed that a majority of committee members view another rate increase as appropriate during the remaining two Federal Open Market Committee meetings.
General Mills Inc (NYSE: GIS) reported better-than-expected earnings for its first quarter.
Majority of sectors on the S&P 500 closed on ...