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Stock indexes score another round of records as Fed announces taper plans

Stock indexes score another round of records as Fed announces taper plans

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Stocks ended higher Wednesday, with the tech-heavy Nasdaq Composite leading the way, as major indexes scored another round of closing records after the Federal Reserve announced, as expected, it would begin scaling back its asset purchase program later this month. The Dow Jones Industrial Average DJIA, +0.29% rose around 105 points, or 0.3%, to close near 36,158, while the S&P 500 SPX, +0.65% gained around 30 points, or 0.6%, ending near 4,661.

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