Indexes And Gold Pull Back After Fed Leaves Rates Unchanged
Portfolio Pulse from Benzinga Newsdesk
Indexes and gold prices have pulled back after the Federal Reserve decided to leave interest rates unchanged.
June 12, 2024 | 6:02 pm
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NEGATIVE IMPACT
The Dow Jones Industrial Average ETF (DIA) experienced a pullback following the Federal Reserve's decision to leave interest rates unchanged.
The decision to leave interest rates unchanged often leads to market volatility, causing a pullback in major indexes including the Dow Jones Industrial Average.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
The SPDR Gold Shares ETF (GLD) saw a decline in price after the Federal Reserve's announcement to keep interest rates unchanged.
Gold prices often react to interest rate decisions. The Fed's decision to leave rates unchanged led to a pullback in gold prices, affecting GLD.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
The iShares Russell 2000 ETF (IWM) experienced a pullback following the Federal Reserve's decision to leave interest rates unchanged.
The decision to leave interest rates unchanged often leads to market volatility, causing a pullback in major indexes including the Russell 2000.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
The Invesco QQQ Trust (QQQ) saw a decline in price after the Federal Reserve's announcement to keep interest rates unchanged.
The decision to leave interest rates unchanged often leads to market volatility, causing a pullback in major indexes including the Nasdaq-100.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
The SPDR S&P 500 ETF (SPY) experienced a pullback following the Federal Reserve's decision to leave interest rates unchanged.
The decision to leave interest rates unchanged often leads to market volatility, causing a pullback in major indexes including the S&P 500.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80