Fed’s Rate Stance Sparks Stock Market Rally to Historic Peaks

US stock indexes surged to new heights on Wednesday following the Federal Reserve’s decision to maintain interest rates and uphold its projection of three rate cuts this year. The S&P 500 (^GSPC) climbed by 0.8%, reaching a historic close above 5,200 at 5,224.62. Simultaneously, the Dow Jones Industrial Average (^DJI) surged approximately 1%, achieving a […]

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