Intel (INTC) was one of the best performers on the Dow after snapping up fitness smart-glass developer Recon Instruments. The tech giant reportedly paid upwards of $175 million. TripAdvisor (TRIP) recovered from 52-week lows on Wednesday to top the S&P 500 after announcing a partnership with Marriott International (MAR). Marriott will allow its guests to book hotel rooms through the online travel agency. Stocks ended the day modestly higher, but not without a struggle after the Fed’s statement and press conference introduced some late-day volatility into the session. As widely expected, the Fed kept rates steady at near-zero crises levels.
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