Wall St rallies after Fed keeps rates unchanged

Quick Summary:

US stocks rallied on Wednesday after the Federal Reserve kept rates unchanged as widely expected, and the central bank and investors continue to gauge how President Donald Trump's tariff policies affect the economy and inflation.

The Dow rose 383.32 points, or 0.92%, to 41,964.63, the S&P 500 gained 60.63 points, or 1.08%, to 5,675.29 and the Nasdaq gained 246.67 points, or 1.41%, to 17,750.79.

US stocks have come under selling pressure in recent weeks after a string of economic indicators signaled the economy and consumer sentiment may be cooling as trade policy concerns grow.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: InflationRisk USStocks Markets TradePolicy FedDecision TariffImpact MarketRally /Business/ RateCut FOMC

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-20 @ 06:19:00 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 762 words

Reading Time: 5 minutes read

Sentences: 30 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 27181321

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 47 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 2 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Publisher ID: #22

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