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Stocks making the biggest moves after hours: Steelcase, Coinbase, KB Home and more
These are the stocks posting the largest moves in extended trading.
Markets saw a dovish Fed hike but Powell's warning on credit conditions spooked investors
Fed Chairman Jerome Powell said financial conditions could be tighter than they seem, indicating to some market pros that rate hikes could be coming to an end.
Regional bank shares fall as Fed persists with rate hikes despite industry turmoil
Regional bank stocks have been closely followed in recent days amid concerns over the broader sector.
How major US stock indexes fared Wednesday 3/22/2023
Stocks fell after the Federal Reserve announced its latest hike to interest rates, while also saying it may not tighten the screws much more on the economy. The S&P 500 fell 1.6% Wednesday, while Treasury yields fell sharply.
GameStop, Greenbrier rise; Petco, PacWest fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday:GameStop Corp., up $6.22 to $23.87.The video game retailer reported a surprise fourth-quarter profit.
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for May delivery rose $1.23 to $70.90 a barrel Wednesday. Brent crude for May delivery rose $1.37 to $76.69 a barrel.Wholesale gasoline for April delivery rose 5 cents to $2.59 a gallon.
Fed hikes rates by a quarter percentage point, indicates increases are near an end
The Federal Reserve on Wednesday released its decision on interest rates following a two-day meeting.
The Fed forecasts just one more rate hike this year
The Fed will hike interest rates just one more time in 2023 before the central bank ends its battle against inflation, according to its median forecast.
Here's what changed in the new Fed statement
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting on Feb. 1.