After an early rally on tamer than expected consumer price inflation data, stocks saw some volatility following the Federal Reserve's monetary policy announcement but still managed to end Wednesday's trading mostly higher.
U S Stocks Close Mostly Higher Following Inflation Data, Fed Announcement forextv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forextv.com Daily Mail and Mail on Sunday newspapers.
After moving sharply higher early in the session, stocks continue to see significant strength in afternoon trading on Wednesday. With the upward move, the Nasdaq and the S&P 500 have reached new record intraday highs.
After an early rally on tamer than expected consumer price inflation data, stocks saw some volatility following the Federal Reserve's monetary policy announcement but still managed to end Wednesday's trading mostly higher.
Ahead of Monday's holiday for the Dragon Boat Festival, the China stock market had ended the two-day slide in which it had fallen more than 40 points or 1.3 percent.