Financial Digest

The Fed strikes a cautious tone. Here's why the stock market didn't seem to care

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Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market pop: Wall Street was able to hold onto strong gains Wednesday despite the Federal Reserve signaling just one interest rate cut this year, based on the median dot plot projection. That, of course, could shift if the data changes. The Fed left rates unchanged following its two-day June meeting, as expected.

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street.

 

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