MARKET DAILY

Market 09/19: Market Hits New High After FOMC Day

USD Up, Gold Down, Long-Term Rates Up After FED Cuts 0.5%

Steve Le
Steve Le

Key highlights:

  • Jobless claims continue to decline

  • Philly FED manufacturing index unexpectedly rises

  • August existing home sales lowest in 14 years

  • Bank of England does not cut interest rates

  • USD up, gold down, lending rates up after FOMC

  • Market: S&P500 and Dow Jones hit new highs

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