US equity markets closed the week on a positive note, with major indices finishing in the green.
The S&P 500 rose 1.05% for the week, while the Dow Jones Industrial Average also posted gains, reflecting broad-based investor confidence despite lingering geopolitical headlines.
50% to 3.75%, a move that aligned with market expectations and avoided any policy surprise.
The rally followed the Federal Reserve’s decision to maintain its benchmark interest rate unchanged.
The Federal Open Market Committee (FOMC) kept the target range for the federal funds rate at 3.50% to 3.75%, a move that aligned with market expectations and avoided any policy surprise.
The lack of hawkish or dovish shifts in the central bank’s stance provided a stable foundation for equity valuations.
Markets had been navigating a complex backdrop, including reports of military exchanges between Iran and the United States.