Major stock market indexes in the United States closed higher on Wednesday after the Federal Reserve announced its decision to keep its key interest rates unchanged, propelling the Dow Jones Industrial Average to its all-time high. Moreover, the central bank's head Jerome Powell hinted at future talks of cutting the rate and the contempt among policymakers with the present effects of monetary policy tightening.
The Dow Jones ended the session 1.40% or 512 points higher at 37,090.83, its new all-time high at close, as Walgreens Boots Alliance, Inc. surged by 7.41%. The Nasdaq 100 gained 1.27% or 208 points. The S&P 500 grew by 1.37%. Vertex Pharmaceuticals Incorporated was the best performer on the latter two indexes, soaring by 13.21%
The euro increased by 0.77% against the dollar at 3:58 pm ET to sell for $1.08807.
