Dow rises after Fed raises interest base rate by 75 points

The Dow Jones rises after the Federal Reserve announced a 75-point interest jump – the largest increase in 28 years. 

All three major stock charts had a positive increase on Wednesday after the Federal Reserve announced the interest increase. 

The Dow rose 123.79 points, the S&P 500 rose 13.15 points, and the Nasdaq rose 121.97 points, as of 2.30pm on Wednesday. 

The small increase comes just two days after the S&P 500 declared a bear market – hitting 20 points below the highest point – a…

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Written by Bourbiza Mohamed

A technology enthusiast and a passionate writer in the field of information technology, cyber security, and blockchain

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