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US Stocks Rise as Yield Curve Steepens After Fed Holds Rates

US stocks rose and the yield curve steepened after the Federal Reserve kept rates unchanged.

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08:16:30 PM UTC
SquawkNews
By Rob CurranU.S. stocks rose slightly and Treasury yields were mixed after the Federal Reserve held rates steady despite elevated inflation and left the door ajar to a rate hike in December.The Dow Jones Industrial Average rose 97.53 points, or 0.19%, to 52475.10. The broad S&P 500 gained 21.38 po…