A lady using a facial mask extends the New York Stock Exchange (NYSE) on February 3, 2020 in Wall Street at New York City.Johannes Eisele | AFP | Getty ImagesDow Jones Industrial Average climbs 160 pointsFed to keep prices low to the extended haulIn an announcement, the Fed’s policymaking committee stated U.S. economic activity and employment “have picked up somewhat lately but remain well below their levels at the start of the year.” Fed Chairman Jerome Powell told reporters the Fed will maintain its historic stimulus measures until they are confident the economy has “weathered” the crisis. Tech shares rise as CEOs testifyFacebook closed 1.38% higher. Amazon ended the session up 1.11% and Alphabet rose 1.32%. Apple advanced 1.92%. These companies posted solid gains even as their CEOs testified in front of Congress over antitrust concernsWhat happens next?Weekly jobless claims and quarterly gross domestic product data are set for release Thursday. It will also be that the busiest day of this earnings year, together with Eli Lilly, Alphabet, Amazon, Facebook and Gilead place to report. Subscribe to CNBC PRO for exclusive insights and analysis, and reside company day programming from across the world.