Stocks firm as dollar near seven-week high after Fed hike
World shares are up and the dollar is near a seven-week high after the Fed’s first hike in more than three years and oil’s dip eased a global bond selloff; investors now focus on the BoE.
S. Federal Reserve's first interest rate hike in more than three years. A dip in oil prices also helped calm a global bond market selloff that has been rumbling for months.