U.S. Federal Reserve

Fed: The S P/TSX composite index closed up 78.27 points to 15,524.82, according to The Toronto Star, Canada. U.S. markets were mixed after the Fed ended its policy meeting with word that it is continuing to pare its monthly bond purchases. They have been intended to keep long-term borrowing rates low and are set to end in October and The Toronto stock market advanced Wednesday, powered by solid earnings and an indication from the U.S. Federal Reserve that it is in no rush to raise interest rates. The Canadian dollar was off 0.36 of a cent to 91.73 cents U.S. . (news.financializer.com). As reported in the news.