Stocks climbed on Thursday as investors bet the Federal Reserve is close to wrapping up its rate-hiking campaign and assessed a fresh stream of corporate results.from Chair Jerome Powell's comments on the decision is that the US central bank will stick with keeping rates unchanged in December.
The tech-heavy Nasdaq, which has lagged in the past when investors fear of rate hike spike, soared more than 1.2%. The S&P 500 (The major US stock indexes were poised Thursday to extend the previous day's gains as investors assessed Federal Reserve' Chair Jerome Powell's comments after the central bank's decision to hold interest rates steady.
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Stock market news today: US futures rise as investors bet on end to Fed hikesInvestors are betting the Fed is done with its rate-hiking campaign, taking heart from Chair Jerome Powell's comments.
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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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Stock market news today: US stocks close higher 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: 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: Stocks rise as Fed holds rates steadyIn a move widely expected by investors, the Federal Reserve opted to hold interest rates steady at their latest meeting on Wednesday,
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