U.S. stocks were little changed amid a rally in European equities after the Federal Reserve raised interest rates without accelerating the timeline for future tightening.
The S&P 500 Index added less than 0.1 percent to 2,386, while the Dow Jones Industrial Average rose 34 points to 20,983. The S&P 500 rose 0.8 percent on Wednesday following the Fed’s decision.
Tech companies biggest gainers in the market, up 0.4%, Oracle up 8.5% after saying revenue in cloud services grew 62% in the Q3.
Traders are now pricing in a probability of almost 50 percent for another Fed rate increase by June
Bloomberg
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