Positive “end” had its meeting Wall Street Following the decision of the US Federal Bank (Fed) Keep it unchanged in the range of 4.25% – 4.5% on its interest rates for the third time.
Fed President Jerome Powell said earlier that officials are in no hurry to adjust interest rates, adding that duties could lead to higher inflation and unemployment. In these statements, the wide market index S&P 500 on Wall Street added 0.43% to close at 5,631.28 points, while Nasdaq won 0.27% to close at 17,738.16 points. Industrial Dow Jones rose 284.97 points or 0.70% and stood at 41.113.97 points.
The 30 shares were assisted by almost 11% of Disney’s Disney shares, after the company announced that the second quarter of financial year exceeded the previous quarter and made an unexpected leap on streaming subscribers.
As expected, the Federal Open Market Committee maintained a one -day basic borrowing rate in a range of between 4.25% and 4.5%, where it has been in December.