Wall Street advances for the third consecutive session after the Fed keeps rates unchanged
FROM THE WIRE · SEEKINGALPHA.COM
[Aerial view of New York city from helicopter, New York City, USA] U.S. stocks ended higher on Wednesday, for a third consecutive time, after the Federal Reserve announced it would hold interest rates the same. Key earnings from Alphabet and Microsoft will now arrive to the…
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bullishThe Fed holds rates at 3.75%-4.00%, an expected decision supporting equities.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01The Fed kept interest rates at 3.75%-4.00%.
- 02The S&P 500 closed up 0.3%, the Nasdaq up 0.3% and the Dow up 0.2%.
- 03Two dissents were recorded from Lisa Cook and Beth Hammack.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
S&P 5007,744.20Market closedtoday +0.28%Positive NASDAQ Composite26,549.85Market closedtoday +0.27%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets