Stocks were mixed in intraday trading on Thursday, April 8. However, tech was leading higher.
In the minutes from its March meeting, the Fed said it would be some time before conditions were met that would warrant a scaling back of its monthly asset purchases of $120 billion or a boost in short-term interest rates from nearly zero.
The Fed noted Wednesday that the economy was “a long way” from its goals of maximum employment and inflation of 2%.
Recap TheStreet Live: Everything Jim Cramer Is Watching Thursday