These 2 Stocks Were Fed-Proof on Thursday
Thursday finally dealt major market benchmarks a losing day, with the Nasdaq Composite (NASDAQINDEX: ^IXIC) breaking a long winning streak to fall nearly 1%. The S 500 (SNPINDEX: ^GSPC) and Dow Jones Industrial Average (DJINDICES: ^DJI) also fell, responding to comments from Fed Chair Jerome Powell that the central bank intends to stay flexible to react to whatever the economy demands from monetary policy.
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Source Fool.com