The major stock indices moved sharply higher overnight in the Asian and European sessions after the FOMC rate decision gave foreign buyers a nudge to plow back in the US stocks.In the US session the day momentum continued with the NASDAQ index leading the wayThe NASDAQ index had its best day since August 8 when it rose 2.87%.. The index is now within 3.58% of it's all time high price reached back in July.Both the S&P index and the Dow industrial average closed at new record highs today. The S&P also had its best day since August 8. For the Dow industrial average it had its best day since August 15.A snapshot of the closes shows:Dow industrial average rose 522 points or 1.26% at 42025.19S&P
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