Wall Street Rebounds Despite Fed Hawkishness

NEW YORK, Sept 18, 2026, Wall Street rebounded Thursday as investors looked past the Federal Reserve’s hawkish rate hike. The Dow gained 0.61% to 51,778.04, the S&P 500 rose 1.14% to 7,637.76, and the Nasdaq surged 1.69% to 26,418.30. US jobless claims fell to 196,000, underscoring labor market resilience.

Wall Street Rebounds

Brent crude slipped as Saudi supply via Oman eased concerns over Middle East disruptions. In Europe, the STOXX 600 rose 0.86%, while the Bank of England held rates at 3.75% but warned of inflation risks. Asian markets were mixed, with Japan’s Nikkei 225 up 0.33%, South Korea’s KOSPI down 0.04%, and Hong Kong’s Hang Seng off 0.44%.

#businessnews

FBM KLCI Eases as Fed Outlook Weighs on Sentiment