Stocks Swing Wildly After Fed Statement; Pinterest, BAH, AVAV In Focus
Stocks Swing Wildly After Fed Statement; Pinterest, BAH, AVAV In Focus  
Podcast: Stock Market Today With IBD
Published On: Wed May 01 2024
Description: The market initially breathed a sigh of relief that it didn’t get a hawkish statement from Fed Chairman Powell. He acknowledged that inflation is still too high, but he also said the Fed would slow down its bond selling, which could cause downward pressure on rates. Pinterest soared on bullish Q1 results; Booz Allen Hamilton and Aerovironment are building new bases. Learn more about your ad choices. Visit megaphone.fm/adchoices