16-12-2015 22:49 via news.yahoo.com

Equities higher, dollar falls after Fed statement

By Chuck Mikolajczak NEW YORK (Reuters) - Global equity markets rallied in volatile trade while the dollar lost ground on Wednesday after the U.S. Federal Reserve announced it would raise interest rates for the first time in nearly a decade. "They are telling you what they are going to do in the next year, which is to investors' delight," said Michael Marrale, head of research, sales and trading at ITG in New York. The Fed's stimulus measures have helped the S&P 500 more than triple fro
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