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· Stocks rose on Wednesday, bolstering their gains for the month, after the Federal Reserve opened the door for looser monetary policy in the near future.

The Dow Jones Industrial Average rose 38.46 points to 26,504, while the S&P 500 gained 0.3% to close at 2,926.46. The Nasdaq Composite advanced 0.4% to 7,987.32.

· The pan-European Stoxx 600 hovered around the flatline at the end of the session, with sectors and major bourses mixed. Basic resources led the losses with a 1.5% decline while autos and bank stocks both rose around 1%.

· Stocks in Asia were mixed in Thursday morning trade after the U.S. Federal Reserve left interest rates unchanged overnight but opened the door to a potential rate cut on the horizon.

In Japan, the Nikkei 225 rose 0.55% in early trade, while the Topix gained 0.45% as most sectors traded higher.

Over in South Korea, the Kospi slipped 0.14% as shares of automaker Hyundai Motor declined 0.36%.