Dow Hits New Record After Fed Statement

With the Fed keeping rates on hold, deal news and positive earnings could keep buyers around

After a rocky session, the Dow Jones industrial average pushed to a new record after the Federal Reserve announced that they kept the federal funds rate at 5.25% and remains worried about inflation. Investors liked the message: expect more of the same steady rates for the time being while the economy remains in a Goldilocks mode.

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