Thursday, 29 October 2015

Asian stocks mostly higher after Fed holds rates steady

Asian stocks mostly advanced on Thursday, encouraged by a stronger finish on Wall Street following the Fed's decision to leave interest rates near zero. 
 Major US averages surged more than 1 percent overnight, after the Fed kept rates unchanged but signaled that a December rate hike was still on the table. 
The Nasdaq Composite led gains with a 1.3 percent rise, while the Dow Jones Industrial Average and S&P 500 closed up 1.1 and 1.2 percent respectively.

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