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Byline: TRANG HO
NYSE stocks fell Tuesday as the Federal Reserve announced its latest quarter-point rate hike. The S&P 500 sank 0.4% on higher volume.
Eagle Materialsfell 7.51 to 162.89 on 2 1/2 times its normal volume. On Thursday the stock zoomed 27% in massive turnover.
Rio Tinto shed 3.10 to 205.01 on nearly double its usual trade.
Most of the day's sizable decliners were low-rated stocks. Meanwhile several noteworthy advancers sport solid fundamental and technical strength.
Harsco gapped up 6.04 to 79.22 on more than four times average volume. The global provider of mill services reported fourth-quarter earnings increased 35% to $1.08 a share, with sales up 3% to $733 million from the year-ago period.
The firm expects first-quarter earnings to increase 13% to 18% from ...