Wall Street Rises As Fed Holds Rates Steady

Wall Street advanced after the Federal Reserve kept interest rates on hold as expected. Investors focused on key corporate earnings and a steepening yield curve. Markets weighed central bank decisions and rising AI debt issuance.

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Screens display the Fed rate announcement as traders work on the floor of the NYSE in New York City, US, October 28, 2026. REUTERS/Jeenah Moon

United States stocks rose on Wednesday after the Federal Reserve kept interest rates on hold. The move came as investors digested major tech earnings, including a 6% share gain for MICROSOFT CORP in after-hours trading.