SPDR Select Sector Fund - Technology (NYSE:XLK) shares experienced unusual options activity on Wednesday. The stock price moved up to $147.84 following the option alert.
Apple Inc. (NASDAQ: AAPL) shares were trading higher Thursday after the Federal Reserve held its rates constant but raised its inflation expectations for the years 2021-2023.
Seven Fed officials expect increases in rates in 2022, and 13 officials expect rate increases in 2023.