Stock market news today: Stocks rise as Fed holds rates steady

US stocks rose on Wednesday as the Federal Reserve voted to hold interest rates at their highest range in 22 years at the conclusion of its latest policy meeting.

Multiple respondents to the survey quoted in the release referenced signs of a slowdown in their industry. NEW YORK — U.S. stocks are drifting higher Wednesday as Wall Street waits to hear what will come out of the Federal Reserve’s latest announcement on interest rates. The S&P 500 was up 0.4% in afternoon trading, coming off its third straight losing month largely because of higher yields in the bond market. The Dow Jones Industrial Average was up 39 points, or 0.1%, as of 12:57 p.m. Eastern time, and the Nasdaq composite was 0.6% higher.

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Stock market news today: Stocks rise with Fed rates decision on deckInvestors are laser-focused on the Fed policy statement and Chair Jerome Powell's comments for clues to how interest rates will evolve.
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Stock market news today: US stocks rally as investors await Fed decision, Apple earningsInvestors are bracing for the Federal Reserve decision and Apple earnings later in the week.
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Stock market news today: US stocks look to keep up rally in countdown to FedInvestors are weighing events in the bond market for any fallout for stocks, as the Fed's meeting begins.
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Stock market news today: US stocks fall in countdown to FedInvestors are weighing events in the bond market for any fallout for stocks, as the Fed's meeting begins.
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Stock market news today: US stocks flat in countdown to FedInvestors are weighing events in the bond market for any fallout for stocks as the Fed's meeting begins.
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Stock market news today: US stocks waver in countdown to FedInvestors are weighing events in the bond market for any fallout for stocks as the Fed's meeting begins.
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