Evening Market Recap - Wednesday, 19-Mar
US equities finished higher in Wednesday trading, ending a bit off best levels, with the Dow Jones, S&P500, and Nasdaq finishing up 92bps, 108bps, and 157 bps respectively. Growth and momentum factors were today's standouts. The Fed left rates unchanged for a second straight meeting, as widely expected. Today’s Statement noted uncertainty around the economy has increased and removed the language that risks to inflation and employment are roughly in balance.