
The bond market swings, but US stocks remain steady after the Fed says it wont raise interest rates
NEW YORK (AP) — The bond market swung, while U. S. stocks held relatively steady after the Federal Reserve decided not to raise its main interest rate to bring down high inflation. The S&P 500 rose 0. 3% Wednesday. The Dow Jones Industrial Average added 0. 2%, and the Nasdaq composite 0. 3%. In the bond market, the two-year Treasury yield initially jumped after the Fed held its main interest rate steady. It then reversed course after traders pared expectations for coming hikes to rates. can...
Read MoreWed, 28 Oct 2026
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