Wall Street ends higher after Fed keeps rates on hold

India Infoline News Service | Mumbai | September 22, 201608:45 IST

The S&P 500 rose 1.09% to end at 2,163.12 points, while the Nasdaq advanced 1.03% to close at 5,295.18 points.

Wall Street closed sharply higher on Wednesday after the Federal Reserve kept interest rates unchanged. The Dow Jones industrial average gained 0.90% to close at 18,293.7 points. The S&P 500 rose 1.09% to end at 2,163.12 points, while the Nasdaq advanced 1.03% to close at 5,295.18 points.

The US Federal Reserve left interest rates unchanged on Wednesday but strongly signalled it could still tighten the monetary policy by the end of this year as the labour market improved further.
 

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