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Stock Market Today With IBD

Indexes Hold Firm After Fed Hikes Rates Again; Paylocity, Boeing, Dynatrace In Focus

12 min • 26 juli 2023

The Federal Reserve, as expected, hiked the federal funds rate by another 25 basis points to a range of 5.25% to 5.50%. The Nasdaq held up well even as several chip stocks came under heavy selling pressure. Paylocity is trading tightly after a big move, while Boeing and Dynatrace are still in buy zones.

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