Exchange USA has added more than 1% on news from the fed

Exchange USA has added more than 1% on news from the fed


Industrial index Dow Jones has grown on 1,13% – to 17779,52 point, high-tech NASDAQ added 1.3% to 5095,69 points, the index of wide market S&P 500 – on 1,18%, to 2090,35 item.

MOSCOW, 28 Oct. U.S. stock indexes on Wednesday gained more than 1% amid fed decision to maintain the base rate and hints at a possible increase in December, according to data exchanges.

Industrial index Dow Jones has grown on 1,13% — to 17779,52 point, high-tech NASDAQ added 1.3% to 5095,69 points, the index of wide market S&P 500 — on 1,18%, to 2090,35 item.

The open market Committee of the U.S. Federal reserve on Wednesday signaled a possible rate hike at the next meeting in December of the current year, based on employment and inflation, as well as the situation on international financial markets. In the meantime, the regulator, as expected, kept the rate at a record low of 0-0. 25%.

“Actually this statement was not so much a surprise, and investors should understand that the fed will raise rates in December or early next year because they have to do it”, — said the President of Tower Bridge Advisors. Maris OGG (Ogg Maris), whose words lead Agency MarketWatch.