Dow Jones Industrial Average Skyrockets 200 Points, Nasdaq Composite Briefly Hits 5000 Milestone On FOMC Statement

U.S. stocks skyrocketed Wednesday, with the Dow Jones Industrial Average surging more than 200 points, after the U.S. Federal Reserve dropped "patient" from its monetary policy statement. The move signaled the central bank is on course to raise interest rates in June at the earliest.