The Dow Jones today added 187 points as U.S. stock markets soared Tuesday, regaining momentum from last week's big performance. The S&P 500 ended the day above its 50-day moving average for the first time in nearly a month. The Nasdaq was up 1.75%.
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The Dow Jones jumped more than 1% Tuesday, adding 215 points on the day. The Nasdaq soared more than 2% on the day, buoyed by Apple's strong earnings. The S&P 500 Volatility Index (VIX) dipped another 11% on the day.
The Dow Jones Industrial Average soared 274 points Wednesday following the Federal Open Market Committee's release of its September meeting minutes. The release marked the last of the Quantitative Easing 3 era.
According to the minutes, many Fed officials are seeking a new way to convince others that they are not prepared to raise interest rates according to the previous timeline.