American Woodmark (AMWD) is the Barchart Chart of the Day. The cabinet company has a Trend Spotter buy signal, a Weighted Alpha of 104.10+ and gained 112.11% in the last year.
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WASHINGTON (AP) — The Federal Reserve appears on track to raise interest rates later this year but signaled Wednesday that it wants to see further economic gains and higher inflation before doing so. (full story)
NEW YORK (AP) — Stocks held onto their gains Wednesday afternoon, after the Federal Reserve said it would keep its benchmark rate unchanged after a two-day policy meeting. A modest rebound in Chinese stocks also helped push the market higher. (full story)