US Stocks Close Higher After Fed Keeps Rates Unchanged
iStock/Thinkstock(NEW YORK) — Wall Street closed higher Wednesday after Federal Reserve policymakers decided to keep short-term interest rates unchanged.
The Dow jumped 163.70 (+0.90 percent) to finish at 18,293.70.
The Nasdaq gained 53.83 (+1.03 percent) to close at 5,295.18, while the S&P 500 finished at 2,163.12, up 23.36 (+1.09 percent) from its open.
Crude oil climbed over 3 percent with prices hitting above $45 a barrel.
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