Stocks are jumping towards new highs

US stocks rallied towards new highs on Thursday.
The major indexes had their worst day since the election Wednesday after the Federal Reserve said it was raising its benchmark interest rate.
This announcement was already expected. But in addition to the headline rate increase, the Fed raised its projection for the number of rate hikes next year from two to three. It also lifted its long-term interest rate outlook for the first time since 2012, when it started releasing projections.
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