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The U.S. stock market traded higher on Wednesday after a rocky start to the week on account of a banking crisis in Cyprus.A rise in the euro versus the greenback and a decision from the FOMC to continue with its bond buying program helped stimulate risk appetite on the day.The central bank said that it will continue buying $85 billion in mortgage-backed securities and Treasuries per month in order to stimulate the economy.Major AveragesThe Dow Jones Industrial Average climbed 54 points, or 0.37 percent, to 14,510.The S&P 500 rose better than 10 points, or 0.67 percent, to 1,559.The Nasdaq Composite gained 25 points, or 0.78 percent, to 3,254.FOMC Rate DecisionAs expected, the Federal Reserve kept its key benchmark interest rate at 0.25 percent. The central bank continues to hold rates near zero in an effort to stimulate the economy. An increase in interest rates is not expected this year.The Fed also said that it will continue with its $85 billion per month bond buying program despite ...

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