US stocks ended with gains Wednesday after the Federal Reserve cut its policy rate by 25 basis points, as widely expected. The Dow Jones Industrial Average was up 1.05%, or 497.46 points, to close at 48,057.75. The Nasdaq rose 0.33%, or 77.67 points, to end at 23,654.16, while the S&P 500 gained 0.»»»

The Dow Jones Industrial Average rose 501.03 points, or 1.05%, to 48,061.32. (AFP pic) NEW YORK: Wall Street ended higher yesterday, after the Federal Reserve cut interest rates by a quarter percentage point and signaled that it will likely put further rate cuts on pause for now as its estimates po»»»

NEW YORK - Wall Street ended higher on Dec 10, after the Federal Reserve cut interest rates by a quarter percentage point and signalled that it will likely put further rate cuts on pause for now as its estimates pointed to a solid economy. The central bank said that before its next policy change it»»»