S&P 500 climbs on Fed decision

Source: Dukascopy Bank
S&P 500 Index surged on Wednesday on Federal Reserve announcement, the institution will keep its key interest rate low by the end of 2014. US benchmark index climbed 0.87% or 11.41 points and finished at 1,326.06, with all 10 sectors posting gains.  Apple shares extended gains, climbing 6% on excellent earnings report. On the downside Wellpoint Inc. dropped 4.76%, as health insurer reported a 39% decline in quarterly profit. US Dollar depreciated on Fed announcement. S&P 500 index is 5.4% on year to day basis. 

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