Yep, FOMC Meeting Did the Trick

[Stocks-to-Watch]

Per Bespoke Investment’s note on FOMC meeting days, mentioned yesterday, yes, today’s FOMC appearance fell within the curve of past FOMC meetings, driving markets to a positive close, with the S&P 500 higher by 9 points, roughly 0.8%, at 1,159.46. That was below the average 1.4% return for an FOMC day, going back to December of 2008.



Original Article Source by Barrons.com