Payroll employment gains blew past consensus expectations. Payroll employment increased by 288,000; private payrolls rose by 273,000, and gains were broad-based across industries.
Indices landed well into green territory on Wednesday. The Dow closed at a new peak level. After spending much of the day in the red, the Nasdaq stepped up toward the end of the session. Stocks gained in the wake of news from the two-day Federal Reserve meeting.