Fed Meeting Today Sends Dow Jones 288 Points Higher

Today's Fed meeting gave the Dow Jones a boost. The blue-chip benchmark jumped 288 points on news the Federal Reserve plans to be patient with its timeline for raising interest rates. The S&P 500 jumped 2% on the day, its largest gain for 2014. The VIX, the market's volatility gauge, plunged more than 17% on the day. The post Fed Meeting Today Sends Dow Jones 288 Points Higher appeared first on Money Morning - Only the News You Can Profit From .