The Federal Reserve took an in-between course with its announcement today, in some ways disappointing investors on both ends of the spectrum. Those who believe that the economy is slowing down wanted further action from the Fed to stimulate economic growth, while those who believe that the Fed should stop manipulating the bond market were upset with its decision to extend its Operation Twist program. The net impact on the stock market, though, was somewhat negative, with the Dow Jones Industrials
Most stocks saw a zigzag pattern, with an initial drop after the announcement, followed by a substantial gain that then slowly eroded throughout the afternoon. But at least as of 3 p.m. EDT, a few stocks remain somewhat higher than they were before the Fed decision. General Electric
Finally, JPMorgan Chase
Let's move on
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Fool contributor Dan Caplinger doesn't own shares of the companies mentioned. You can follow him on Twitter @DanCaplinger. The Motley Fool owns shares of JPMorgan Chase, Microsoft, and Bank of America. Motley Fool newsletter services have recommended buying shares of and creating a bull call spread position on Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Fool has a disclosure policy.