Heres what happened to the stock market on Wednesday

The Dow climbed 11.60 points, or 0.04%, to 28,734.45. The S&P 500 fell 0.09% to end the day at 3,273.41. The Nasdaq Composite advanced 0.06% to 9,275.16. Investors digested better-than-expected earnings along with no surprises from the Federal Reserve.

Apple led a parade of companies that reported better-than-expected earnings, including General Electric, Dow and McDonald’s. The Fed, meanwhile, kept rates unchanged, as was widely expected. The central bank also said the U.S. economy is growing at a “moderate rate” while inflation remained below its 2% target.

You may like

In the news
Load More