• Dow, S&P, Nasdaq hit new records, Fed won't raise rates anytime soon

  U.S. stocks rallied to fresh records with momentum picking up after the Federal Reserve outlined plans to begin tapering stimulus to the economy this month, while also stating it is premature to raise interest rates. Consumer discretionary and material names led the gains, while energy fell back as oil prices hit $80.86 per barrel. In stock stories, Zillow shares tumbled 24.8% after announcing plans to exit the home-flipping business.

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