Nasdaq hits record high as Fed defers rate hike

Source : REUTERS
Last Updated: Thu, Sep 22, 2016 19:04 hrs
Traders react while working on the floor of the NYSE

(Reuters) - U.S. stocks gained at the open on Thursday, with the Nasdaq touching a record intraday high, a day after the Federal Reserve soothed markets by not raising interest rates.

The Dow Jones industrial average was up 75.51 points, or 0.41 percent, at 18,369.21, the S&P 500 was up 9.92 points, or 0.46 percent, at 2,173.04 and the Nasdaq composite was up 27.82 points, or 0.53 percent, at 5,323.00.

(Reporting by Yashaswini Swamynathan in Bengaluru)

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