New York-Sana
Wall Street closed higher today as the Federal Open Market Committee decided a 50 basis point increase in the key interest rate, the biggest jump for US interest rates in 22 years.
According to Reuters, the benchmark Standard & Poor's 500 index ended the trading session up 38.55 points, or 0.94 percent, to 3,980.03 points, while the Nasdaq Composite Index jumped 166.41 points, or 1.48 percent, to close at 11,430.86 points, and the Dow Jones Industrial Average closed up 192.51 points, or 0.60 percent, to close at 32,119.74 points.
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