Wall Street Rises After Fed Holds Rates
US stocks rose after the Federal Reserve left rates unchanged.
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US stocks rose after the Federal Reserve left rates unchanged.
The dollar weakened against major currencies and Wall Street rose after the Federal Reserve announced a rate decision in line with market expectations.
Global stocks and major Wall Street indexes gained after the Federal Reserve held rates steady, as expected. Oil prices rose on renewed concerns over supply disruptions.
US stocks indices closed higher on Wednesday, with the S&P 500 rising 0.3%, the Nasdaq gaining 0.2% and the Dow inching above the flatline, as investors digested the latest FOMC decision and comments from Fed Chair Warsh. As expected, the Fed left interest rates unchanged, although two policymakers dissented in favor o
U.S. stocks mostly rose after the Federal Reserve held its key rate steady; the headline says the next likely hike is deferred to December.