Fed raises rates a quarter point, hikes growth outlook for economy

The Federal Reserve had been expected to raise its benchmark interest rate a quarter point to a target range of 1.25 percent to 1.5 percent.

DJIA 24,588.67 +0.34% +83.87 S&P 500 2,663.21 -0.03% -0.90 NASDAQ 6,875.80 +0.20% +13.48 MOST ACTIVE DOW NAME LAST CHG % CHG GE 17.76 -0.15 -0.84% AAPL 172.27 +0.57 0.33% MSFT 85.35 -0.23 -0.27% S&P 500 NAME LAST CHG % CHG BAC 28.84 -0.48 -1.64% AMD 10.11 +0.21 2.12% GE 17.76 -0.15 -0.84% NASDAQ NAME LAST CHG % CHG JD 40.80 +2.24 5.81% MU 42.05 +0.19 0.45% CMCSA 38.58 -0.93 -2.35% Quotes as of 12/13/2017 4:06:29 PM ET TOP NEWS Fed raises rates a quarter point, hikes growth outlook for economy Republicans reach a tentative tax deal; Trump says he'd sign a bill with 21% corporate rate The Alabama upset gives Democrats a path to reclaim the Senate and House Oil and gas fracking connected to low birth weights in infants, landmark study finds Disney deal seen valuing Fox assets at $60 billion: Sources Target to buy grocery delivery service Shipt for $550 million Gundlach says if you bet against bitcoin today 'you'll make money' Ad mogul Martin Sorrell: A finalized Disney-Fox deal would be a top media investment for us Minnesota Lt. Gov. Tina Smith will succeed resigning Sen. Al Franken 'Star Wars' spells big gains for IMAX, JPMorgan lifts box office estimates 'Bond King' Gundlach on why rates will rise into 2018, his bearish bet against bitcoin TOP VIDEO Arianna Huffington: Dara Khosrowshahi really revamped Uber's culture Arianna Huffington, Thrive Global founder & CEO and Uber board member, discusses the culture change happening at Uber under CEO Dara Khosrowshahi. SPECIAL REPORTS Dow stock Boeing is on track for best year in nearly 4 decades, but the charts point to trouble Dough, dough, dough: A great holiday Santa can earn $150-plus per hour Feedback We value your input—use our simple form to let us know what you think. Click here for Real-Time data and top stories on your desktop or mobile device. Send this email to a friend Unsubscribe Advertise More Newsletters Digital Products © 2017 CNBC Inc. All Rights Reserved. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632

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