Interest Rates: Dow Jones and Policy Meeting

interest rates: The Federal Reserve began its last policy meeting of the year, and it widely expected to announce an increase in interest rates on Wednesday, according to The Japan Times. The Dow Jones industrial average jumped 124 points, or 0.6 percent, to 19,920 as of 2 05 p.m. The Dow Jones industrial average traded above 19,900 for the first time. Eastern time. The Standard & Poor 500 index picked up 17 points, or 0.8 percent, to 2,273. The blue-chip index is up for the seventh day in a row and peaked at 19,953. (news.financializer.com). As reported in the news.