Markets rise with steady interest rates from the Fed; positive.

From Zacks Investment Research: 2025-03-19 19:30:20

On Wednesday, all major market indexes closed in the green after the Fed decided to keep interest rates steady. The Dow closed up 383 points, the S&P 500 grew by 1.08%, the Nasdaq increased by 1.41%, and the Russell 2000 outperformed with a 1.57% gain. The 10-year bond yield is currently at 4.25%, down more than 50 bps from 10 weeks ago. The Fed mentioned the possibility of two rate cuts later in the year, but Powell expressed uncertainty about the inflation outlook due to proposed tariffs.

Expect Weekly Jobless Claims data, Philly Fed manufacturing, and Existing Home Sales reports tomorrow. Several companies, including FedEx, Nike, Micron, Lennar Homes, and Darden Restaurants, will also be reporting their quarterly earnings, providing insight into the consumer economy.



Read more at Zacks Investment Research: Markets Rise After Fed Report; Earnings Due Thursday – March 19, 2025