Reflecting a positive reaction to the Federal Reserve's highly anticipated monetary policy announcement, stocks showed a substantial turnaround over the course of the trading session on Wednesday after moving to the downside early in the day.
The major averages moved sharply higher following the Fed announcement, largely offsetting the pullback seen in the two previous sessions.
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Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.