The Traderszone Network

Published in TZ Latest News 16 December, 2015 by The TZ Newswire Staff

S&P 500 Follows Through After Fed Hikes Interest Rates

The S&P 500 marked a follow-through day Wednesday after the Fed raised interest rates by a quarter point, the first increase since June 2006. The S&P 500 and Nasdaq rallied 1.5%. The Dow rose 1.3% and the IBD 50 added 1.1%. Market breadth was solid, with advancing stocks beating decliners by 9 to 2 on the NYSE. On the Nasdaq, winners topped losers by nearly 3 to 1.

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