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Stocks Edge Higher as Fed Holds Rates Steady

Original: Stock Market Today, Oct. 28: Markets Edge Higher as Fed Holds Rates Steady

US stock markets closed modestly higher on October 28 after the Federal Reserve decided to keep interest rates unchanged. Investors appeared to welcome the central bank's steady stance, with major indexes gaining ground in trading following the announcement. Financial outlets including Yahoo Finance and The Motley Fool led their market coverage with the Fed's decision and the market's muted but positive reaction.

Why now: The Federal Reserve's rate decision is a major event for investors and directly moved markets that day.

Federal ReserveUS stock marketYahoo FinanceThe Motley Fool

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Evidence

• Stock Market Today, Oct. 28: Markets Edge Higher as Fed Holds Rates Steady · The Motley Fool
• Stock Market Today, Oct. 28: Markets Edge Higher as Fed Holds Rates Steady · Yahoo Finance

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