Market Reaction to Federal Reserve's Decision

In a significant move, the Federal Reserve decided to keep interest rates unchanged, leading to a surge in the US stock markets. Investors and traders closely watched the Fed's cautious outlook on future rate cuts, sparking a positive reaction across major indices.

Indices Show Positive Momentum

The Dow Jones Industrial Average climbed by 0.38%, while the Nasdaq 100 and the S&P 500 followed suit with increases of 0.45% and 0.53% respectively. This upward trend reflects the market's optimism in response to the Federal Reserve's latest policy stance.

Currency Market Update

On the currency front, the euro remained stable against the dollar, trading at $1.04077 at 3:28 pm ET. This stability in the currency market further underscores the balanced reaction to the Federal Reserve's decision.

Stay tuned for more updates on this developing story...