Dow Jones Industrial Average jumps 1.7% led by JP Morgan

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Source: Dukascopy Bank
Dow Jones Industrial Average index jumped sharply on Tuesday reaching record high since 2007 after Fed said it will hold low interest rates and signalled optimism regarding US growth. Blue chip index rallied 1.68% or 217.98 points to 13,177.68, marking the biggest daily gain since December. All 30 shares within the index ended in the positive territory. JP Morgan Chase rocketed 7% after the biggest US lender passed Fed stress test and said it will raise its dividend by 20% from USD 0.25 to USD 0.30 a share.

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