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Before the Fed made its midafternoon announcement, major market gauges were all solidly higher.
Shares on Wall Street finished solidly higher on Wednesday after European debt fears eased.
Stock markets closed solidly higher on Tuesday, a day after Wall Street posted its biggest losses since early March and financial stocks plunged more than 10percentt.
Wall Street waited until late in the session yesterday before sending stocks solidly higher after wavering over fears of more terrorist attacks.
After a lackluster start, the Nasdaq composite index pushed solidly higher and finished just shy of its best level, with an advance of 82.89 points, or 2.2percentto to 3,839.26.
Gains in consumer confidence and durable goods orders brought buyers back to Wall Street yesterday, sending stocks solidly higher and ending a four-session losing streak for blue chips.
Similar(47)
For 2009, Colgate said it expected gross margin to be "up solidly" as higher prices, cost-cutting and benefits from lower oil and commodities costs offset a strengthening dollar.
"I was probably not serving bombs, because I am not that kind of player, but playing very solidly, with high percentages, and enough speed.
We have an opportunity to play basically 30 years solidly at a high level.
By the early 1970s, BMW's image was solidly linked to high performance, and the board of directors decided the company should control its motor sports destiny.
"I feel like I'm solidly in the high-art literary tradition," he asserted in one of a series of interviews that resulted in his disinvitation from Ms. Winfrey's talk show and inspired an orgy of populist finger-wagging.
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