Dow, S&P 500 set record highs after Fed keeps stimulus
NEW YORK (AFP) - US stocks soared on Wednesday to all-time closing highs after the Federal Reserve left its huge monetary stimulus in place.
The Dow Jones Industrial Average jumped 147.21 (0.95 per cent) to 15,676.94, 18 points above the previous record set on August 2.
The broad-based S&P 500 surged 20.76 (1.22 per cent) to 1,725.52, besting the previous high, also hit on Aug 2, by nearly 16 points.
The tech-rich Nasdaq Composite Index rose 37.94 (1.01 per cent) to 3,783.64.