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How the Dow Jones industrial average fared on Wednesday
Wall Sreet: A television screen on the floor of the New York Stock Exchange shows the decision of the Federal Reserve, Wednesday
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Wall Sreet: A television screen on the floor of the New York Stock Exchange shows the decision of the Federal Reserve, Wednesday. The Federal Reserve appears on track to raise interest rates later this year but is signaling that it wants to see further economic gains and higher inflation before doing so. (AP Photo/Richard Drew) (AP Photo/Richard Drew)
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span class="caption">Wall Sreet: A television screen on the floor of the New York Stock Exchange shows the decision of the Federal Reserve, Wednesday. The Federal Reserve appears on track to raise interest rates later this year but is signaling that it wants to see further economic gains and higher inflation before doing so. (AP Photo/Richard Drew)
U.S. stocks rose on Wednesday after Federal Reserve policymakers voted to keep interest rates unchanged and gave no indication that a rate rise was imminent. A modest rebound in Chinese stocks also helped push the stock market higher.
For the day:
The Dow Jones industrial average rose 121.12 points, or 0.7 percent, to 17,751.39.
The Standard & Poor's 500 index rose 15.32 points, or 0.7 percent, to 2,108.57.
The Nasdaq composite rose 22.53 points, or 0.4 percent, to 5,111.73.
For the week:
The Dow is up 182.86 points, or 1 percent.
The S&P 500 is up 28.92 points, or 1.4 percent.
The Nasdaq is up 23.10 points, or 0.5 percent.
For the year:
The Dow is down 71.68 points, or 0.4 percent.
The S&P 500 index is up 49.67 points, or 2.4 percent.
The Nasdaq is up 375.68 points, or 7.9 percent. (*)
