Good afternoon.
Markets climb, the Federal Reserve holds interest rates steady, and the Dow Jones hits a record high.
Let's dive in.
Markets
Here are today's market moves:
What's Happening
Stocks climbed on Wednesday after the Fed held interest rates steady.
Dow hits a record. The Dow Jones hit a record high, closing above 37,000:
Markets surged after the Fed kept rates steady and signaled multiple rate cuts in 2024.
The crypto market climbed on Wednesday, with Bitcoin trading near $43k, following the Fed decision.
Catch Up
The S&P 500 is finishing 2023 up 23%. The tech-heavy Nasdaq is up 41.8%.
The 10-year Treasury yield fell below 4% for the first time since August.
Apple, the world's most valuable company, hit a record high today.