How the Dow Jones industrial average and other major indexes fared on Wednesday

Stocks climbed Wednesday after the Federal Reserve raised interest rates, a long-expected vote of confidence in the health of the U.S. economy. The Fed emphasized that further increases will be gradual.

On Wednesday:

The Dow Jones industrial average picked up 224.18 points, or 1.3 per cent, to 17,749.09.

The Standard & Poor’s 500 index jumped 29.66 points, or 1.5 per cent, to 2,073.07.

The Nasdaq composite rose 75.77 points, or 1.5 per cent, to 5,071.13.

For the week:

The Dow has advanced 483.88 points, or 2.8 per cent.

The S&P has gained 60.70 points, or 3 per cent.

The Nasdaq has added 137.67 points, or 2.8 per cent.

For the year:

The Dow is down 73.98 points, or 0.4 per cent.

The S&P is up 14.17 points, or 0.7 per cent.

The Nasdaq is up 335.08 points, or 7.1 per cent.