How the Dow Jones industrial average did Wednesday

NEW YORK (AP) — The stock market rose Wednesday after the Federal Reserve told investors to expect low interest rates for a while yet, pushing the Dow Jones industrial average to a record high. The Fed statement put to rest an anxious waiting game among investors that has left the Standard & Poor's 500 index moving between small gains and losses for a week. Seven of the 10 industry groups of the S&P 500 ended up, led by materials stocks.

On Wednesday:

The Dow Jones industrial average rose 24.88 points, or 0.2 percent, to 17,156.85.

The Standard & Poor's 500 index rose 2.59 points, 0.1 percent, to 2,001.57.

The Nasdaq composite rose 9.43 points, or 0.2 percent, to 4,562.19.

For the week:

The Dow Jones industrial average rose 169.34 points, or 1 percent.

The Standard & Poor's 500 index rose 16.03 points, 0.8 percent.

The Nasdaq composite lost 5.41 points, or 0.1 percent.

For the year:

The Dow is up 580.19 points, or 3.5 percent.

The S&P 500 index is up 153.21 points, or 8.2 percent.

The Nasdaq is up 385.60 points, or 9.2 percent.