BusinessLogrBusinessLogr
  • Home
  • Stocks
  • Finance
  • Business
  • Company
  • Economy
  • Industry
  • Investing
  • Car News
  • Contact Us!
Reading: How to trade Fed’s interest rate hike
Share
Aa
BusinessLogrBusinessLogr
Aa
  • Home
  • Stocks
  • Finance
  • Business
  • Company
  • Economy
  • Industry
  • Investing
  • Car News
  • Contact Us!
Follow US
© 2023 BusinessLogr News Network.
BusinessLogr > Investing > How to trade Fed’s interest rate hike
Investing

How to trade Fed’s interest rate hike

deep
Last updated: 2016/01/10 at 5:14 AM
deep Published January 10, 2016
Share
1 Min Read
SHARE

After the Federal Reserve hiked interest rates Wednesday for the first time since 2006, “Fast Money” traders picked apart the best ways to trade the move.

The central bank abandoned its near-zero interest rate policy, moving its short-term interest rate target 0.25 percent higher. The Fed also signaled its intention to normalize gradually.

Markets responded positively, with the S&P 500 rising about 1.5 percent to 2,073.07. Trader Dan Nathan contended that the index could “run out of steam” by the end of the week if it approaches 2,100.

Traders work on the floor of the New York Stock Exchange.

Getty Images
Traders work on the floor of the New York Stock Exchange.

Some financial stocks climbed in the wake of the decision, and trader Pete Najarian sees some “strength” in the Financial Select Sector SPDR Fund. It closed 1.6 percent higher Wednesday.

He noted, though, that financials could run into trouble if the yield curve flattens next year.

Others saw plays on the U.S. dollar. The greenback moved slightlyhigher in choppy trade after the decision Monday.
[“source -cncb”]

You Might Also Like

Nearing Retirement? Avoid these mistakes!

Recent Markets: February 2025

5 Investment Options Better Than Fixed Deposits

Investing in Youth: The Role of Development Banks

6 Ways to Add Property Value With a Home Renovation Loan

TAGGED: How to trade Fed's interest rate hike
deep January 10, 2016
Share this Article
Facebook Twitter Email Print
Share
Previous Article Your first trade for Thursday, December 17
Next Article 2015’s top shorts across US, Asia and Europe

Most Viewed Posts

  • Environmental thematic investing set for strong growth in 2022
  • Second income center in banks
  • Tieghan gerard income in banks
  • T-Mobile Adds Mexico, Canada to Simple Choice Plan
  • This App Claims to Turn Your Phone into a Tiny Scanner but Does it Measure Up?

Most Viewed Posts

  • Environmental thematic investing set for strong growth in 2022
  • Second income center in banks
  • Tieghan gerard income in banks
  • T-Mobile Adds Mexico, Canada to Simple Choice Plan
  • This App Claims to Turn Your Phone into a Tiny Scanner but Does it Measure Up?

Recent Posts

  • Nearing Retirement? Avoid these mistakes!
  • Decision by the Supreme Court regarding auto financing bars drivers

© 2023 BusinessLogr News Network.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?