Federal Reserve hikes interest rates for the first time since 2018

The Federal Reserve is raising interest rates for the first time since 2018, the central bank announced Wednesday at the conclusion of its highly anticipated two-day monetary policy meeting.

News: What you need to know about the markets     Federal Reserve hikes interest rates for the first time since 2018 The Federal Reserve is raising interest rates for the first time since 2018, the central bank announced Wednesday at the conclusion of its highly anticipated two-day monetary policy meeting. Read more »   Russia says it made a payment to avoid default. It still might Russia says it has ordered the $117 million in interest payments it owes Wednesday to be sent to investors, attempting to avoid its first international default in more than a century. But it's not out of the woods yet. Read more »   Stocks gain after Fed rate hike Read more »   Citi's response to abortion bans: We'll pay for workers to travel After a number of US states passed laws severely restricting access to abortions, Citigroup this week said it is providing employees with travel benefits to facilitate access to abortion clinics. Read more »   Disney employees are staging walkouts over company's response to the 'Don't Say Gay' bill Last week, Disney and its CEO Bob Chapek bungled their response to Florida's controversial bill dubbed "Don't Say Gay." Now, some of the company's employees are staging a walkout. Read more »   Covid. War. Inflation. Recession fears. The stock market can't keep up It's been a year full of worries for investors, from geopolitical conflict to inflation to the pandemic, and it doesn't look like the concerns will ease anytime soon. Read more »

Dow Nasdaq S&P +518.76   +487.93   +95.41 34,063.10   13,436.55   4,357.86 +1.55%   +3.77%   +2.24% YTD -6.26%   YTD -14.12%   YTD -8.57%

Biggest Winners Epam Systems Inc +25.19%   Las Vegas Sands Corp +11.88%   Aptiv PLC +7.99%   PVH Corp +7.54% Biggest Losers CF Industries Holdings Inc -7.06%   Lockheed Martin Corp -6.09%   L3harris Technologies Inc -5.69%   NORTHROP GRUMMAN CORP -5.22%

Hottest ETF NYSE Market Volume

Key Market Stats Latest Today's Change Oil $95.25 -1.19 / -1.23% Gold $1,925.20 -4.50 / -0.23% 10-yr 2.19% +0.03 Euro $1.10 +0.01 / +0.60%

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