U.S. stocks climbed Wednesday after keeping rates steady

U.S. stocks climbed after the Federal Reserve said the economy still looks healthy enough to keep interest rates where they are.

The S&P 500 jumped 1.1% Wednesday, and its gains accelerated following the Fed’s announcement. The Dow Jones Industrial Average added 383 points, and the Nasdaq composite rose 1.4%.

The rally followed weeks of sharp and scary swings for the U.S. stock market driven by uncertainty about President Donald Trump’s trade war.

Wall Street also got a boost from easing yields in the bond market.

The S&P 500 rose 60.63 points, or 1.1%, to 5,675.29.

The Dow Jones Industrial Average rose 383.32 points, or 0.9%, to 41,964.63.

The Nasdaq composite rose 246.67 points, or 1.4%, to 17,750.79.

The Russell 2000 index of smaller companies rose 32.14 points, or 1.6%, to 2,082.08.