Stocks Round-Trip Fed Gains; Carvana Spikes Late

May 1, 2024
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Welcome back,triangle white down

6:16 PM ET

Chop and slop market continued with final-hour sell-off.

6:16 PM ET

Chop and slop market continued with final-hour sell-off.

6:16 PM ET

Chop and slop market continued with final-hour sell-off.

6:16 PM ET

Chop and slop market continued with final-hour sell-off.

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NBIX

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Neurocrine Biosciences

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Stocks making big price moves on unusually heavy volume — a signal institutions are buying or selling.

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Video

Stock Market Today4:33 PM ET

Stocks Swing Wildly After Fed Statement; Pinterest, BAH, AVAV In Focus

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.

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