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US stocks soared today to all-time highs after the Federal Reserve left its huge monetary stimulus in place.
At 1940 GMT, the Dow Jones Industrial Average was up 155.31 points (1.00 per cent) at 15,685.04, easing back from a record intraday high of 15,709.58 reached shortly after the Fed announcement.
The S&P 500 was at 1,725.72, up 20.96 (1.23 per cent).
The broad-market index traded as high as 1,729.44, a record, shortly after the Fed news.
The tech-rich Nasdaq Composite Index jumped 39.05 (1.04 percent) to 3,784.75.
US Treasury bond yields tumbled on the Fed’s announcement. The 10-year Treasury, which got as high as 2.90 percent earlier in the day, was down to 2.71 percent, while the 30-year Treasury, which had been 3.88 percent, fell to 3.75 percent. Bond prices and yields move inversely.
The dollar fell sharply against other major currencies.
The euro bought $ 1.3498, compared with $1.3356 Tuesday, while the dollar traded at 98.14 yen, down from 99.14 yen the prior day.
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