Global markets update: US stocks steady after Fed lifts interest rate

US stocks were steady on Wednesday after the Federal Reserve lifted interest rate. The S&P 500 lost 0.71 points, or 0.02%, at 4,566.75. The Dow Jones Industrial Average rose 82.05 points, or 0.23%, at 35,520.12. The Nasdaq Composite dropped 17.27 points, or 0.12%, at 14,127.28. The Federal Reserve  raised its benchmark overnightRead More →

Global markets update: US stocks rise on earnings  from banks, big companies

US stocks rose on Wednesday following earnings reports from a spate of banks and other big companies. The S&P 500 rose 10.74, or 0.2%, at 4,565.72. The Dow Jones Industrial Average gained 109.28 points, or 0.3%, at 35,061.21. The Nasdaq composite edged up by 4.38, or less than 0.1%, at 14,358.02.  The insurance providerRead More →