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Dow Gains 180 Points Because You Don’t Fight the Fed

Ben Levisohn

1:20 p.m. The Dow Jones Industrial Average has gained nearly 200 points today, making back all its losses—and then some—following the end of the FOMC meeting on Wednesday. The Dow has gained 180.62 points, or 0.7%, to 25,926.29, while the S&P 500 has climbed 0.8% to 2846.91, and the Nasdaq Composite has jumped 1% to 7805.41. After yesterday’s drop, we wondered if the market was worried that the Fed saw trouble for the U.S. economy, or that earnings would be disappointing, or that the Fed isn’t easy enough.