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Friend, U.S. Stocks Trade Mostly Lower Following Fed Announcement| Tradinggods.net

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tradinggods.net

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dan@tradinggods.net

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Thu, Aug 2, 2018 12:22 AM

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They've been lying to you for decades about how to get rich in America. Because if you knew this pro

[TradingGods.net Logo] ****Advertisement***** [EXPOSED! The shocking truth the government's been hiding]( They've been lying to you for decades about how to get rich in America. Because if you knew this proven wealth building formula, you could afford to retire sooner than you ever thought possible. [Click here to find out what they've been hiding from you (hint: this has nothing to do with cryptocurrencies, pot stocks, penny stocks, or anything you might consider "high risk").]( *****Advertisement***** Dear Trading God Friend, Stocks trade mostly lower as Fed keeping interest rates on hold. U.S. stocks finished mostly lower on Wednesday, as investors evaluated the Federal Reserve's latest decision to keep interest rates on hold. The large-cap S&P 500 Index (NYSEARCA:SPY) declined 0.1% to close at 2,813.36. A majority of sectors contributed to the decline. Dow industrials (NYSEARCA:DIA) fell 81.37 points, or 0.3%, to finish at 25,333.82. Meanwhile, the technology-heavy Nasdaq Composite Index (NYSEARCA:QQQ) bucked the downtrend, rising 0.5% to 7,707.29. A measure of 30-day volatility known as the CBOE VIX (NYSEARCA:VXX) rose more than 2% to 13.13, on a scale of 1-100 where 20 represents the historic average. The Federal Reserve's policy-setting board wrapped up its two-day meeting Wednesday by voting to keep the benchmark interest rate at 2%. Policymakers were not expected to make any adjustments to the federal funds rate before September. Federal Open Market Committee (FOMC) members noted that "economic activity has been rising at a strong rate," a more bullish take than the June meeting. In economic data, payrolls processor ADP reported Wednesday that private-sector payrolls rose by 219,000 in July. Analysts in a median forecast called for 185,000. The Institute for Supply Management (ISM) also reported a slowdown in domestic manufacturing activity last month, though the underlying picture remained positive. The ISM manufacturing purchasing managers' index slipped to 58.1 from 60.2 in June. The Final Word: The Federal Reserve remains on track to raise interest rates again in September so long as economic data conforms with policymakers' outlook on the domestic recovery. The September rate announcement will be accompanied by a revised summary of economic forecasts covering GDP, inflation and unemployment. Sincerely, Dan, The Trading God dan@tradinggods.net []( *****Advertisement***** [Buy this Canadian Marijuana IPO for Less than $1 / Share]( One tiny marijuana producer is 100% legal and licensed by the Canadian government. It's getting ready to IPO in the coming days -- and you do NOT want to miss out. Discover how to grab a stake in this IPO -- just one week BEFORE the stock starts trading. [Click here to get all the details on this pre-IPO trade.]( *****Advertisement***** [Ridgeline Media Group LLC BBB Business Review]( Disclaimer: The content included herein is for educational and informational purposes only, and readers agree to TradingGods.net [Disclaimer,]( [Terms of Use,]( [Privacy Policy]( before accessing or using this or any other publication by TradingGods.net or Ridgeline Media Group, LLC. Ridgeline Media Group, LLC does not endorse any products that may be advertised in this email. If you no longer wish to receive our emails, click the link below: [Unsubscribe]( Ridgeline Media Group LLC 70 SW Century Drive Suite 100-148 Bend, Oregon 97702 United States Media Group, LLC/html

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