Fed pledges to keep interest rates near zero for years

The Federal Reserve committed Wednesday to do more to help the US economic recovery, promising more asset purchases and lower interest rates for even longer than it previously expected.

News: What you need to know about the markets     Fed pledges to keep interest rates near zero for years The Federal Reserve committed Wednesday to do more to help the US economic recovery, promising more asset purchases and lower interest rates for even longer than it previously expected. Read more »   Kodak stock soars after review finds no insider trading Kodak stock briefly surged more than 80% on Wednesday after a special committee's investigation found no evidence of insider trading prior to the announcement of a US government loan. Read more »   The simple thing Trump doesn't get about the stock market America's booming stock market is a flawed yardstick for measuring Main Street's recovery from the pandemic. Read more »   US stocks rise after Fed promises low rates for years: September 16, 2020 Read more »   Snowflake is about to go public. It's already worth more than $33 billion It may still be the dog days of summer but there could be a blizzard on Wall Street Wednesday. Snowflake, a cloud data warehousing firm that has the backing of Salesforce and Warren Buffett's Berkshire Hathaway, is set to go public in what stands to be the biggest software IPO ever. Read more »   Here's why some state economies are recovering faster than others Maine, Rhode Island and Vermont are faring better than most states, but Hawaii's economy is sputtering. Here are some reasons why. Read more »

Dow Nasdaq S&P +36.78   -139.86   -15.71 28,032.38   11,050.47   3,385.49 +0.13%   -1.25%   -0.46% YTD -1.77%   YTD +23.16%   YTD +4.79%

Biggest Winners General Electric Co +10.66%   Occidental Petroleum Corp +8.68%   Tapestry Inc +7.48%   TechnipFMC PLC +7.48% Biggest Losers Borgwarner Inc -6.41%   Nextera Energy Inc -5.19%   Las Vegas Sands Corp -4.20%   ServiceNow Inc -3.79%

Hottest ETF NYSE Market Volume

Key Market Stats Latest Today's Change Oil $40.26 +0.10 / +0.25% Gold $1,967.40 -3.10 / -0.16% 10-yr 0.69% +0.01 Euro $1.18 -0.00 / -0.21%

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