Dow adds 174 points after Fed leaves rates unchanged

NEW YORK, New York - U.S. stocks forged ahead Wednesday after the Federal Reserve left interest rates unchnaged, but hinted that a rate cut could be on the cards for September. As stocks rose, the dollar fell.

"We have made no decisions on future meetings," Federal Reserve Chair Jerome Powell told a press conference after the two-day meeting which concluded on Wednesday. "The economy is moving closer to the point