Novavax And Lowe's Among Today's Trending Stocks

The stock market shook Wednesday after the Federal Reserve raised its inflation expectations for the year and moved up its next hike on interest rates. The policymaking Federal Open Market Committee noted that rate hikes may occur in 2023, a reversal from its March statements that it foresaw no increases until beyond then. However, a date for the Fed's expected reversal of its $120 billion per month bond buying program didn't come up, the Fed Chief has noted that the central bank will provide "advanced notice" before tapering asset purchases. This thrust investors' worries about fiscal policy decisions into the spotlight after weeks of nail-biting angst, while many individual stocks did indeed trend down for the day. But many of these stocks were already trending this week anyway on their own merits. Let's explore a few of them, and take a peek behind the curtain into what, exactly, is going on in some of America's biggest industries.