Market Recap: Wednesday, July 28: Stocks mixed after Fed FOMC meeting

#FOMCmeeting #stockmarket #interestrates #QE #tapering
Stocks were mixed on Wednesday, with investors digesting a slew of earnings results and looking ahead to another set of reports. A monetary policy statement from the Federal Reserve is also slated for release. The S&P 500 and Dow ended lower, while the Nasdaq gained as Big Tech stocks including Google’s parent company Alphabet outperformed. Tom Essaye, Sevens Report Research Founder and President and Sandi Bragar, Aspiriant Managing Director, joined Yahoo Finance Live to break down the latest market action.

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