Major stock indexes on Wall Street closed with gains on Thursday as investors kept seemingly praising the Federal Reserve's latest monetary policy decision to keep rates unchanged. Reddit's debut in the markets and updates from Apple and Microsoft were the highlights of the day on the business front.
Technological companies pushed both the Nasdaq 100 and the S&P 500 up as they climbed 0.44% and 0.32%, respectively with Micron Technology Inc surging 14.13% and Broadcom jumping 5.64%. The Dow Jones climbed 0.68% or 269 points at the closing time as Goldman Sachs Group increased 4.35%.
The euro traded 0.61% against the dollar at 3:59 pm ET, changing hands for 1.08562. During the day, the United States dollar went stronger against the British pound following the Bank of England's decision to leave the interest rate unchanged at 5.25%.
