NEW YORK, Sept 18 (Reuters) - U.S. stocks rallied to record
highs on Wednesday after the Federal Reserve surprised investors
and decided against trimming its bond-buying stimulus program,
which has fueled Wall Street's rally of more than 20 percent
The Dow Jones industrial average was up 146.44
points, or 0.94 percent, at 15,676.17, according to the latest
data. The Standard & Poor's 500 Index was up 20.67
points, or 1.21 percent, at 1,725.43. The Nasdaq Composite Index
was up 37.94 points, or 1.01 percent, at 3,783.64.
Most market participants were expecting the central bank to
begin a withdrawal of the bond-buying program by about $10
billion a month.