Super-sized interest-rate hikes and a weak growth outlook did not deter the bulls on Wall Street that helps the US markets rebound from a 5-day losing streak even as the Fed signalled more 75 bps hikes.
The Dow Jones Industrial Average jumped 303.70 points, or 1%, to close at 30,668.53. The S&P 500 rose 1.46% to 3,789.99 while, the Nasdaq Composite gained 2.5% to end the day at 11,099.15.