Shares of the world's biggest online social network jumped more than 10 percent to $200.50 in after-hours trade. They have now regained much of the ground lost last year amid slowing growth and costs associated with the company's privacy scandals.
The Dow Jones Industrial Average rose 67.89 points, or 0.26 percent, to 26,452.66, the S&P 500 gained 1.48 points, or 0.05 percent, to 2,907.06 and the Nasdaq Composite added 24.21 points, or 0.3 percent, to 8,000.23.
Moneycontrol's Jerome Anthony does 3 Point Analysis on what the inverted yield curve means for India.
While all three major US stock indexes briefly reversed earlier losses following the Fed statement, only the Nasdaq ended the session in positive territory.
The Dow Jones Industrial Average fell 69.16 points, or 0.27 percent, to 25,916, the S&P 500 lost 7.89 points, or 0.28 percent, to 2,784.49 and the Nasdaq Composite dropped 21.98 points, or 0.29 percent, to 7,532.53.
The Dow Jones Industrial Average fell 63.2 points, or 0.25 percent, to 25,106.33, the S&P 500 gained 1.83 points, or 0.07 percent, to 2,707.88 and the Nasdaq Composite added 9.85 points, or 0.14 percent, to 7,298.20.
The Dow Jones Industrial Average fell 98.59 points, or 0.40 percent, at the open to 24,607.76. The S&P 500 opened lower by 12.83 points, or 0.48 percent, at 2,657.88.
The Dow Jones Industrial Average rose 336.25 points, or 1.38 percent, to 24,706.35, the S&P 500 gained 34.75 points, or 1.32 percent, to 2,670.71 and the Nasdaq Composite added 72.77 points, or 1.03 percent, to 7,157.23.
In a joint statement on January 7, the companies said the new exchange will look to increase competition, improve operational transparency, reduce fixed costs and simplify equity trading in the US
The Dow Jones Industrial Average fell 169.85 points, or 0.73 percent, at the open to 23,176.39
Dow Jones Industrial Average was down 508.11 points, or 2.22 percent, at 22,370.34, the S&P 500 was down 52.86 points, or 2.14 percent, at 2,414.84
The high-growth technology and healthcare sectors continued to lead the retreat, dropping 1.5 percent and 1.7 percent, respectively. Also trading lower were the FAANG stocks
The pan-European STOXX 600 index was down 0.5 percent by 0811 GMT, getting closer to the two-year lows hit last week, with mounting worries over slowing economic growth shifting the focus to possible action by policy makers.
All the 11 major S&P sectors were lower, led by the technology sector’s 1.93 percent drop.
Amazon rose by 4.7 percent at one point, putting its market capitalisation at $865.0 billion. At the same time, Apple traded up 2.1 percent, giving it a market capitalisation of $864.8 billion.
Apple Inc's 3.8 percent fall added to the pressure as the stock that led the market through much of its bull run opened at its lowest level since early May, pushing the tech-heavy Nasdaq to more than 7-month lows.
The Dow Jones Industrial Average fell 395.78 points, or 1.56 percent, to 25,017.44, the S&P 500 lost 45.54 points, or 1.66 percent, to 2,690.73 and the Nasdaq Composite dropped 219.40 points, or 3.03 percent, to 7,028.48.
MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.5 percent.
Japan's Nikkei stock index rose as high as 24,286.10 points, reaching its highest levels since November 1991, on renewed optimism about the global economy and hopes of a boost to exporters' earnings from a weaker yen. It was last up 1.5 percent.
Gains were widespread, and the S&P 500 and the Dow Jones Industrial Average ended four-day losing streaks.
The price-weighted Dow index is heavily affected by industrial companies and trade concerns pushed the index into negative territory for the year earlier this week, with the index on pace for its eight straight decline.
For the week, the S&P rose 0.48 percent, the Dow lost 0.48 percent, and the Nasdaq gained 1.62 percent.
Analysts expect S&P 500 company profits to rise 18.6 percent in the first quarter, the biggest increase in seven years, according to Thomson Reuters data.
The Dow Jones Industrial Average rose 108.75 points, or 0.44 percent, at the open to 24,681.79. The S&P 500 opened higher by 14.90 points, or 0.56 percent, at 2,692.74. The Nasdaq Composite gained 58.83 points, or 0.82 percent, to 7,215.12 at the opening bell.
Fears of military conflicts in the Middle East have boosted oil prices as well as safe-haven assets such as gold.