How the Dow Jones industrial average fared on Wednesday
NEW YORK (AP) — U.S. stocks rose Wednesday after the Federal Reserve left interest rates unchanged and forecast it will raise rates more gradually than it had envisioned late last year. Mining companies rose as the dollar got weaker, and energy companies rose with the price of oil.
The Dow Jones industrial average climbed 74.23 points, or 0.4 percent, to 17,325.76.
The Standard & Poor's 500 index picked up 11.29 points, or 0.6 percent, to 2,027.22.
The Nasdaq composite index gained 35.30 points, or 0.8 percent, to 4,763.97.
For the week:
The Dow is up 112.45 points, or 0.7 percent.
The S&P 500 is up 5.03 points, or 0.3 percent.
The Nasdaq is up 15.51 points, or 0.3 percent.
For the year:
The Dow is down 99.27 points, or 0.6 percent.
The S&P 500 is down 16.72 points, or 0.8 percent.
The Nasdaq is down 243.44 points, or 4.9 percent.