U.S. stocks stayed resilient Wednesday after the Federal Reserve delivered a widely expected 0.25-point increase in short-term interest rates, with the Dow clawing back into positive territory.
The rate move did not derail the market’s rebound, and the Nasdaq and other major indexes maintained gains through the session.
Oil-and-gas shippers outperformed within the rally, with Okeanis Eco Tankers and Frontline posting robust advances.
The reaction suggested investors had largely priced in the Fed decision, shifting focus from the hike itself to sector leadership and the rebound’s durability.