
Stocks rose Sept. 17 after Fed's 0.25-point hike
The Fed raised its key rate by 0.25 point at its September meeting, a 25-basis-point step Reuters says investors had largely priced in — already expected. Stocks rose Sept. 17, a day later, MarketWatch reported. In my view that's validation, not surprise: it pushes against the textbook idea that higher rates hurt stocks, especially fast-growing tech.
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