GLOBEALERT
BUSINESS● ELEVATEDSep 16 · Sep 16, 2026, 6:36 PM

Wall Street holds steady after the Fed hikes interest rates as oil prices ease

local10 · united states of america · north america

NEW YORK (AP) — The U.S. stock market is holding steady Wednesday after the Federal Reserve showed it's trying to get the nation’s high inflation under control by hiking interest rates for the first time in three years. A drop for oil prices and easing pressure from the bond market also helped keep Wall Street firm.

GlobeAlert aggregates and classifies open sources; the story above belongs to its publisher. Summaries are machine-generated from the source text.

More in Business