• The Dow Jones Industrial Average .DJI rose 112.73 points, or 0.54 percent, to 20,950.1, the S&P 500 .SPX gained 19.81 points, or 0.84 percent, to 2,385.26 and the Nasdaq Composite .IXIC added 43.23 points, or 0.74 percent, to 5,900.05.
U.S. stocks rose sharply on Wednesday after the Federal Reserve raised interest rates for the second time in three months, as expected.
• The Fed, which raised its target rate by 25 basis points, or a quarter of a percentage point, to between 0.75 and 1.00 percent, did not however flag any plan to accelerate the pace of monetary tightening, a concern that had lingered among some market participants.
• During her press conference after the meeting, Fed Chair Janet Yellen pointed to the stock market as an indicator of easing financial conditions, which some could take as a sign that stock valuations are not yet at stress levels.
• Shares in Asia were mixed on Thursday, after Wall Street's higher close after the Federal Reserve raised rates but kept a dovish stance.
• The Japanese benchmark, Nikkei 225, fell 0.45 percent as the yen strengthened against the weaker dollar.
Reference: Reuters, CNBC
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