Wall Street Responds Positively to Federal Reserve's Decision

In a significant upturn, major U.S. stock indexes climbed further into positive territory on Thursday. The Dow Jones Industrial Average notably surged by over 230 points, a clear indicator of the market's optimistic response to the Federal Reserve's latest decision.

This boost comes in the wake of the Federal Reserve's announcement to keep interest rates unchanged, a move that was widely anticipated by investors. Moreover, the Fed's Chair, Jerome Powell, emphasized a cautious approach, stating he was "not in a hurry" to alter current policies, which further reassured the markets.

By 1:32 pm ET, the Dow Jones had risen by 0.51%, or 230 points, while the Nasdaq 100 and the S&P 500 also saw gains, increasing by 0.15% and 0.39% respectively. Additionally, the euro strengthened against the dollar, trading at 1.04236 by 1:33 pm ET, marking a 0.13% increase.