US stock market rises sharply, the Dow is up nearly 300 points

The US stock market rose sharply in Wednesday, with the Dow up nearly 300 points. The Fed announced that it would reduce its purchases of assets by $10 billion a month from January next year to $75 billion trillion. Chinese concept stocks rose by 7.9% in Wednesday.

US-East Time December 18 16:00 (Beijing time December 19 05:00), the Dow Jones industrial average rose 293.03 points, closed at 16,168.29, or 1.85%; the standard and poor 500 index rose 29.72 and closed at 1,810.72. Rose to 1.67%, with the Nasdaq Composite index up 46.38 points, at 4,070 to 06, or 1.15%.

China concept stocks in Wednesday close majority, 6 stocks rose more than 4%, China as the media rose 16.74%, Dangdang up 7.9%, Century interconnection rose 6.69%, the financial sector rose 4.37%, auto Rose 4.06%, 500 lottery net rose 4%;3 shares fell more than 3%, Mai Lin down 5.46%, Net Qin fell 5.06%, the air network fell 3.47%.