Wall Street holds steady after the Fed hikes interest rates as oil prices ease - KTVN

Wall Street finished little changed after the Federal Reserve raised interest rates, with investors appearing to take the widely anticipated move in stride. The muted reaction suggests that the decision had largely been priced into markets beforehand, and that attention is now shifting to what the central bank signals about the path ahead rather than the hike itself.

At the same time, easing oil prices offered a measure of relief. Softer crude costs can feed through to lower gasoline and transport expenses over time, which matters for inflation readings and, by extension, for how much further the Fed may feel it needs to tighten. For markets, cheaper energy can support consumer spending power while also weighing on energy-sector earnings.

What to watch from here: upcoming inflation and labor data, the tone of Fed commentary, and whether oil's pullback persists. Those variables are likely to shape expectations for rates more than any single meeting's decision, and they help explain why equities held steady rather than moving sharply in either direction.