U.S. stocks climbed on Wednesday, extending the previous session’s rally, as traders awaited a monetary-policy decision from the U.S. Federal Reserve.
Investors also watched Ukraine-Russia developments, as Ukrainian President Volodymyr Zelensky delivered a historic address to the U.S. Congress, calling for support from America to defend itself against attacks from Moscow.
What’s happening
-
The Dow Jones Industrial Average
DJIA,
+0.98%
rose 430 points, or 1.3%, to 33,974. -
The S&P 500
SPX,
+1.36%
gained 1.4%, or 62 points, to around 4,325. -
The Nasdaq Composite Index
COMP,
+2.10%
rose 1.8%, or 234 points, to 13,183.
On Tuesday, the Dow rose 599 points, or 1.82%, to 33544, the S&P 500 increased 89 points, or 2.14%, to 4262, and…