S&P 500 and Nasdaq rise after Fed’s first hike in years
Stocks jumped after the Federal Reserve delivered its first interest-rate increase in more than three years; the Nasdaq Composite gained about 1.5% and the S&P 500 about 1.3%.
S. stocks advanced Thursday as investors weighed economic data and Treasury yields eased after the Federal Reserve’s first interest-rate increase in more than three years. 3% and the Dow Jones Industrial Average a…