Dow Jones rebounds 87 points as Fed stays steady

NEW YORK, New York - U.S. stock markets made a modest rebound on Wednesday as the Federal Reserve kept interest rates unchanged and left open the possibility of a rate cut later in the year. The FOMC left the target range for the federal funds rate at 5.25 to 5.50 percent for its sixth consecutive monthly meeting.

"Recent indicators suggest that economic activity has continued to expand at a solid pace. Job gains