us indices rallied sharply into wednesdays close after the federal reserve announced it would raise the key interest rate by 50 basis points the federal reserve raised its target fed funds rate by 05 to a new range of between 075 and 10 its first rate hike of at least half a percentage point in more than 20 years the fed also said it will begin reducing the size of its balance sheet starting on june 1 read more   the nasdaq composite finished higher by 319 to 12964 the invesco qqq trust series 1 nasdaq qqq gained 338 to 32960   the sp 500 traded higher by 299 to 4300 the spdr sp 500 etf trust nasdaq spy gained 303 to 42899   the dow jones composite finished higher by 279 to 11669 the spdr dow jones industrial average etf trust nasdaq dia finished higher by 282 at 34059 here are some of the days winners and losers according to data from benzinga pro starbucks corporation nasdaq sbux advanced micro devices inc nasdaq amd and match group inc nasdaq mtch were among the top gainers for the nasdaq100 skyworks solutions inc nasdaq swks idexx laboratories inc nasdaq idxx and verisk analytics inc nasdaq vrsk were among the top losers for the qqq elsewhere on the street benzinga’s weekly stock wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment this week the duel is between two electric vehicle charging station manufacturers read more walt disney co nyse dis has a big may ahead for investors and fans with several new items being released and announced and quarterly earnings on deck heres a look at what’s in store read more trivago nv nasdaq trvg has traded lower since reporting financial results on monday despite the companys optimism surrounding travel trends read more