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Quarterly or Semiannual Financial Statements
Stocks end mixed after the Fed doesn't surprise
Stocks end mixed after the Fed doesn't surprise

A cheerful report on the U.S. economy, rising profits and no surprises from the Federal Reserve left the stock market nearly where it started on Wednesday. The news was nearly all good. The government said that the economy grew at a robust 4 percent annual rate this spring. Later in the day, the Federal Reserve did exactly what investors expected. It scaled back its support for the economy, while pledging to keep short term interest rates low “for a considerable time” after it stops buying bonds. Traders sold U.S. government bonds, pushing the 2-year Treasury note to 0.56 percent, the highest level this year. It's a clear sign bond traders think an improving economy will...

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