Stocks are back in rally mode after the Fed hit pause on a rate hike. How much farther can this market go? Catch The Final Round at 4 p.m. ET with Jen Rogers and markets correspondent Nicole Sinclair.
Winners and losers
Stocks in the red today include Herman Miller as the high-end furniture maker’s earnings and revenue missed estimates, Axovant Sciences as rival Lundbeck’s Alzheimer’s drug with similar mechanism fails in a phase three trial, and Jabil Circuit, with the electronics company and Apple supplier slipping after quarterly profit falls 47% year over year.
Read full article: https://finance.yahoo.com/news/stocks-extend-fed-fueled-rally-192610290.html