US Stocks Surge Following Fed's Decision

In a notable turn of events, the United States stock markets witnessed a significant uptick as trading concluded on Thursday. This surge came in the wake of the Federal Reserve's announcement to keep interest rates unchanged, coupled with a cautious stance on potential rate adjustments in the near future. Investors and traders alike turned their attention to the latest US GDP figures, further influencing market sentiments.

The Dow Jones Industrial Average climbed by 0.38%, showcasing a robust investor confidence. Similarly, the Nasdaq 100 and the S&P 500 indexes weren't far behind, registering gains of 0.45% and 0.53% respectively. These movements underscore a positive market reaction to the Federal Reserve's current monetary policy stance.

Currency Market Movements

On the currency front, the euro remained stable against the dollar, trading at $1.04077 by 3:28 pm ET. This stability in the currency market reflects the broader economic steadiness following the Federal Reserve's announcements.

As the markets continue to digest these developments, further updates are anticipated to shed more light on the evolving economic landscape.