Mid-Afternoon Market Update: Fed Leaves QE Unchanged; Shocks Market and Sparks a Huge Rally
September 18, 2013 at 15:51 PM EDT
Toward the end of trading Wednesday, the Dow traded up 0.99 percent to 15,682.70 while the NASDAQ jumped 1.00 percent to 3,782.49. The S&P also rallied, gaining 1.22 percent to 1,725.78. Top Headline The FOMC statement dominated headlines this afternoon after it surprised investors, holding QE at $80 billion a month, and