Stocks rose alongside bonds as the Federal Reserve raised interest rates for the first time since 2023 to combat persistently high inflation, increasing its credibility. [ 14:00 ET] FOMC hiked rates 25 bps, as expected, with 12 of 18 officials seeing one more 25-basis-point rate hike this year; 4 see two hikes; 2 see no more hikes. [USD strengthened] [11:47 ET] Saudis seek to resume half of key oil pipeline within days [Oil & DXY Weakened, Stock Indexes Strengthened]