Global stocks hold gains after Fed decision, oil prices jump | live
By Chris Prentice and Amanda Cooper NEW YORK/LONDON, Oct 28 (Reuters) - Global stocks and major Wall Street indexes held gains on Wednesday after the Federal Reserve held interest rates steady, as expected, and traders awaited earnings from two titans of the AI buildout, Microsoft and Alphabet. In a 10-2 decision, the US central bank said it would maintain its benchmark interest rate within the current 3.75%-4.00% range.
By Chris Prentice and Amanda Cooper NEW YORK/LONDON, Oct 28 (Reuters) - Global stocks and major Wall Street indexes held gains on Wednesday after the Federal Reserve held interest rates steady, as expected, and traders awaited earnings from two titans of the AI buildout, Microsoft and Alphabet. In a 10-2 decision, the US central bank said it would maintain its benchmark interest rate within the current 3.75%-4.00% range.
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