US Markets Respond Positively to Federal Reserve's Decision

In a move that bolstered investor confidence, the Federal Reserve announced it would keep interest rates unchanged, signaling a cautious approach towards future rate adjustments. This decision came alongside the release of the latest US GDP data, further influencing market dynamics.

Market Performance Highlights

The Dow Jones Industrial Average saw a modest increase of 0.38%, while the Nasdaq 100 and the S&P 500 also experienced gains, rising by 0.45% and 0.53% respectively. These movements reflect a broader market optimism in response to the Federal Reserve's 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 underscores the cautious optimism permeating the financial markets following the Federal Reserve's announcement.

More updates to follow...