Blog Detail

Wall Street ends up sharply after Fed signals patience

30 Jan 19
No Comments


U.S. stocks ended sharply higher on Wednesday after the Federal Reserve said it would be patient in lifting borrowing costs further this year, reassuring investors worried about a slowing economy.

Based on the latest available data, the Dow Jones Industrial Average rose 436.5 points, or 1.78 percent, to 25,016.46, the S&P 500 gained 41.36 points, or 1.57 percent, to 2,681.36 and the Nasdaq Composite added 154.79 points, or 2.2 percent, to 7,183.08.

Leave A Comment