(VOVworld) - US stocks had their best day in nearly four years on Wednesday. The US Federal Reserve is likely not to raise the interest rate next month, which is the main reason for the rebound of the US stock market.

(Photo: Getty Images)

On the New York Stock Exchange, the Dow Jones Industrial Average (DJIA) finished 3.95 percent higher at 16,285.5 points. This is its biggest one-day increase since 2008.

Meanwhile, the price of crude oil in the US market dropped, even though the US’s Energy Information Administration’s statistics showed oil inventories lower than last week.