Summary: The Daily WOWS 9/18/13 The S&P 500 jumped 1.2%, closing at a record high of 1,725.52 after the Federal failed to announce plans to reduce the pace of its asset purchases, as many had expected. Mr. Bernanke said economic data received since June has not been strong enough to justify scaling back asset purchases just yet. Meanwhile, gold spiked 4.4% and silver surged 6.1% to their respective $1366.30 and $23.13 per troy ounce. Miners also received an afternoon boost, and the Market Vectors Gold Miners ETF (GDX 28.25, +2.32) settled higher by 9.0%.
