S&P 500 hits new record after Fed stays policy course

S&P 500 hits new record after Fed stays policy course (via AFP)

The S&P 500 Wednesday bolted to a new record after the Federal Reserve kept its policy of ultra-low interest rates and did not accelerate the time-frame for raising them. The S&P 500, a broad measure of the US stock markets, jumped 14.99 points (0.77…