The S&P 500 index showed 25 new 52-week highs and five new lows, while the Nasdaq recorded 71 new highs and 43 new lows.
Paul Springmeyer said that People are absorbing the Fed decision and seeing what the impact from that will be,
The financial sector had gained the most since the U. S. election, rising 22 percent since early
November, spurred by President Donald Trump’s proposals of deregulation and tax reform.