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US stocks soared on Wednesday, with major indexes posting their biggest one-day jumps of 2014 after the Federal Reserve reassured investors that its first interest rate hike would not come until it deemed the economy could withstand it.
The Dow Jones industrial average rose 274.83 points, or 1.64 percent, to 16,994.22, the S&P 500 gained 33.79 points, or 1.75 percent, to 1,968.89 and the Nasdaq Composite added 83.39 points, or 1.9 percent, to 4,468.59.
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