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Stocks End at 18-Month Highs - CNNMoney.com -- Stocks rallied Wednesday, with the Dow, Nasdaq and S&P 500 all closing at new fresh 2010 highs, after the U.S. and Japanese central banks chose to keep interest rates low and the Senate passed a key jobs bill.

The Dow Jones industrial average added 48 points, or 0.6%, closing at 10,733.67. It was the highest close since 10,831.07 on Oct. 1, 2008. The Dow has now risen for seven sessions in a row, its longest winning streak since the 8-day period that ended on August 27 of last year.

The S&P 500 index rose 7 points, or 0.6%, closing at 1,166.21, the highest close since 1,213.01 on Sept. 26, 2008.

The Nasdaq composite gained 10 points, or 0.5%, closing at 2,389.09, its highest point since 2,411.64 on Aug. 28, 2008.

Treasury Gains Lackluster as Stocks Post 2010 Highs - CNNMoney.com -- Long-term Treasury markets inched up slightly Wednesday, a day after the Fed's announcement on interest rates. Fed policymakers revealed no surprises when they said they'll continue to keep the federal funds rate near 0% for an extended period.

What prices are doing: The benchmark 10-year note rose 4/32 to 99-29/32 and its yield fell to 3.64%. The 30-year bond rose 13/32 to 101 and its yield fell to 4.566%. Bond prices and yields move in opposite directions. The 2-year note fell was flat at 99-29/32 with a yield of 0.924%. The 5-year note fell 2/32 to 100-2/32 with a yield of 2.367%.

What's moving the market: Stocks gained after investors let the Fed's news -- or rather, lack of news -- soak in. Although the Fed decided to maintain historically low interest rates, the central bank also noted that the U.S. economy is improving.