Fed reportedly raises rates by a quarter point, its first hike in over three years

In a September 17, 2026, market recap, a user says the Fed raised its target range by a quarter point for the first time in over three years, prioritizing inflation concerns with oil above $100 a barrel. The user reports that the Dow fell more than 600 points, but Intel, AMD, HPE and Dell rose. The recap links Intel's gain to reports of talks with SK hynix about making memory chips in the U.S., possibly at Intel's Ohio campus.