Wall Street rallies after Fed stands pat on rates, Nasdaq at record high

FAR REACHING IMPLICATIONS: Bitcoin payments processor Coinbase, backed by the New York Stock Exchange, opened a regulated exchange in the United States for trading the virtual currency earlier this year.

The S&P 500 posted 16 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 86 new highs and 28 new lows.- Reuters