Sentiment Buoyed as Fed Left Policy Rate Unchanged

Investors rejoiced as Fed expectedly left the policy rate unchanged. Equities rose across the board. Wall Street gained with DJIA and S&P 500 indices adding +0.9% and +1.09% respectively. European shares also climbed with the Stoxx600 index up +0.43%. Shares in Asia Pacific carried forward the upbeat sentiment Thursday. Japan’s Nikkei 225 index has soared +1.91%, while Hong Kong’s Hang Seng index has gained +1.14%, at the time writing. US dollar dropped as the Fed failed to raise interest rate.

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Sentiment Buoyed as Fed Left Policy Rate Unchanged