U.S. stocks experienced a boost on Wednesday following the Federal Reserve's anticipated decision to cut interest rates by a quarter percentage point. The Fed also announced plans to initiate limited purchases of Treasury securities, a move expected to stabilize the market amid ongoing concerns.

However, Fed policymakers highlighted that the U.S. federal government shutdown has restricted their decision-making capacity, leading them to rely on whatever data is currently available. Despite these challenges, Nvidia marked a significant achievement by becoming the first company to reach a $5 trillion market valuation, bolstered by a 3% rise in its stock.

The day closed with the Dow Jones Industrial Average up by 99.13 points, the S&P 500 gaining 8.66 points, and the Nasdaq Composite rising

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