Epic US Markets Update

US stocks rallied to record highs on Wednesday after the Federal Reserve, in a surprise to markets, decided against scaling back a stimulus program that has helped fuel Wall Street’s rally of more than 20 percent this year.



The Dow Jones industrial average rose 147.21 points or 0.95 percent, to 15,676.94, the S&P 500 gained 20.76 points or 1.22 percent, to 1,725.52 and the Nasdaq Composite added 37.94 points or 1.01 percent, to 3,783.64.



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