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Wall Street ends up sharply after Fed signals patience

30 Jan 19
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Source https://www.reuters.com/article/us-usa-stocks/wall-street-ends-up-sharply-after-fed-signals-patience-idUSKCN1PO1JY

U.S. stocks ended sharply higher on Wednesday after the Federal Reserve said it would be patient in lifting borrowing costs further this year, reassuring investors worried about a slowing economy.

Based on the latest available data, the Dow Jones Industrial Average rose 436.5 points, or 1.78 percent, to 25,016.46, the S&P 500 gained 41.36 points, or 1.57 percent, to 2,681.36 and the Nasdaq Composite added 154.79 points, or 2.2 percent, to 7,183.08.

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