US Equity Markets Rise After Fed Cuts Interest Rates

04:13 PM EST, 12/10/2025 (MT Newswires) -- US equity indexes closed higher Wednesday after a divided Federal Reserve cut interest rates for the third straight meeting.

* With the policy rate now within the neutral ranges, the Federal Open Market Committee has time to observe how the US economy evolves as more data are released, Chair Jerome Powell said at a press conference.

* The FOMC lowered the federal funds rate target by 25 basis points to a range of 3.50% to 3.75%, with three officials dissenting.

* January West Texas Intermediate crude oil rose $0.68 to settle at $58.93 per barrel, while February Brent crude, the global benchmark, was last seen up $0.69 at $62.63.

* GE Vernova (GEV) shares rose 16%, the top gainer on the S&P 500, after the company doubled its quarterly dividend, boosted a stock buyback and said its full-year 2025 revenue forecast of $36 billion to $37 billion is trending toward the high end of the range.

* Netflix (NFLX) shares fell 4.1%, while Warner Bros. Discovery (WBD) , at the center of a takeover battle between Netflix (NFLX) and Paramount Skydance (PSKY) , rose 4.5%.

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