VWO - Asia Markets Mixed; Europe Rallies After US Fed Interest Rate Decision; Crude Up 1% - Global Markets Today While Us Was Sleeping | Benzinga
On Wednesday, November 1st, U.S. stock markets closed higher after interest rates were left unchanged for a second consecutive time.
Investor optimism surged as U.S. Federal Reserve officials suggested that interest rate hikes might be over, even though rates remained steady and the door was left open for potential increases in the future.
In economic data, U.S. private firms added 113,000 workers in October, missing the 150,000 forecast but improving from September's 89,000. Meanwhile, the ISM manufacturing PMI dipped to 46.7, below the anticipated 49 and last month's figure.
Within the S&P 500, only the energy and consumer staples sectors experienced declines, whereas the information technology and communications services sectors led the ...