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Stocks Fired Up by Fed, Intel

Stock quotes in this article: ^DJI , ^GSPC , ^IXIC , INTC , GS , JNJ , GCI , ABT  

Updated with closing stock prices.

The major indices surged more than 3% Wednesday as the market welcomed an Intel(INTC Quote) earnings surprise, a fresh round of economic data and minutes from the latest Federal Open Market Committee meeting.

The Dow Jones Industrial Average gained 256.72, or 3.1%, to 8616.21, while the S&P 500 climbed 26.84 points, or 3%, to 932.68. The Nasdaq Composite advanced 63.17 points, or 3.5%, to 1862.90.

Industrials, energy, financial and tech stocks were all swept up in a cross-sector rally after earnings and economic data offered a promising glimpse of the state of the economic recovery. Intel, which surpassed earnings expectations and raised guidance late Tuesday, was one of the greatest gainers on the Dow, rising 7.3%. ...

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