From The Motley Fool · Emma Newbery · · 40s
Stock Market Rises as Fed Holds Rates
U.S. markets climb after Federal Reserve keeps interest rates steady.
In brief
U.S. markets climb after Federal Reserve keeps interest rates steady. The S&P 500 rose 0.28% to 7,744 as the Federal Reserve held rates steady, with tech stocks leading gains and Alphabet's earnings disappointing. Originally reported by The Motley Fool.
Market Performance
The S&P 500 rose 0.28% to 7,744, Nasdaq Composite gained 0.27% to 26,550, and Dow Jones added 0.19% to 52,475.
Key Market Moves
Gold prices rose 0.10% to $4,068.14, and the 10-Year Treasury yield rose 0.02% to 5.02%.
Investor Reactions
Vertiv Holdings jumped 17%, Oracle surged 11%, Wingstop climbed, and F5 plummeted over 20%.
In short
The S&P 500 rose 0.28% to 7,744 as the Federal Reserve held rates steady, with tech stocks leading gains and Alphabet's earnings disappointing.
