PFE - Investor Optimism Improves Slightly Following Fed Decision | Benzinga
The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index remained in the “Fear” zone on Wednesday.
U.S. stocks settled mixed on Wednesday, after the Federal Reserve announced its policy decision. The U.S. central bank opted to keep the federal funds rate unchanged at 5.25% to 5.5%, as widely expected. The Fed said it does not expect it will be appropriate to cut rates until it has gained greater confidence inflation is moving sustainably toward 2%.
On the economic data front, U.S. private employers added 192,000 new jobs during the month of April, compared to a revised 208,000 in March, topping market estimates of a 175,000 gain. The ISM manufacturing PMI declined ...