US stocks ended higher on Wednesday after the Federal Reserve signalled that it was in no rush to scale back its extensive support for the US economy.

The Dow Jones industrial average gained 45.18 points or 0.36 per cent to 12,640.55. The Standard & Poor's 500 Index was up 2.23 points or 0.17 per cent at 1,349.47. The Nasdaq Composite Index was up 7.2 points or 0.25 per cent at 2,854.74.

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