US stocks climb 1% after Fed decision

By the end of Wednesday's trading session, the Dow Jones Industrial Average rose by 0.9%, or 383 points, to close at 41,964 points.

Meanwhile, the S&P 500 gained 1.1%, or 60 points, to close at 5,675 points, while the Nasdaq Composite added 1.4%, or 246 points, to finish at 17,750 points.

The Stoxx Europe 600 index inched up by 0.2% to 555.3 points, supported by the strong performance of the energy sector.

The British FTSE 100 remained stable at 8,706 points, the French CAC 40 grew up 0.7% to 8,171 points, while the German DAX lost 0.4% to close at 23,288 points.

In Japan, the Nikkei 225 index declined by 0.25% to 37,751 points, while the broader Topix index advanced by 0.45% to 2,795 points.

Brent crude futures for May delivery rose by 0.3%, or 22 cents, to $70.78 per barrel.

Additionally, US WTI crude futures for April delivery enhanced by 0.4%, or 26 cents, to $67.16 per barrel.

Futures for the yellow metal (April delivery) added 40 cents to reach $3,041.20 per ounce, marking a record high for the fifth consecutive session.

Federal Reserve Chairman Jerome Powell stated that the economy is generally strong, as significant progress has been made toward the Fed's objectives over the past two years.

He noted that labor market conditions remain robust and that inflation is approaching the long-term target of 2%.