Wall Street holds gains after Fed announcement
Stocks held gains following an announcement by the Federal Reserve that the economy has been expanding moderately, notwithstanding apparent slowing in global growth.
The Dow Jones industrial average <.DJI> was up 71.52 points, or 0.59 percent, at 12,092.91. The Standard & Poor's 500 Index <.SPX> was up 4.44 points, or 0.36 percent, at 1,240.91. The Nasdaq Composite Index <.IXIC> was up 2.43 points, or 0.09 percent, at 2,614.69.
(Reporting by Angela Moon; Editing by Jan Paschal)
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