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Gains held up, but U.S. markets turned sharply lower Wednesday after the Federal Reserve announced it would keep lending to banks at historically low rates. News that the Fed left lending at zero to 0.25 percent might be welcome, but the Open Market Committee...
Tags: Federal Reserve, Dow Jones, federal reserves, jones industries, industries average, U.S, Warren Buffett, encouraging assessment, reserves gave, left stock
US stocks rose modestly on Tuesday, underpinned by optimism that economic recovery is underway and surging commodities prices driven by a weakening dollar. The Dow Jones Industrial Average rose 56.07 points, 0.59 per cent, to 9,497.34 at the market close,...
T he rally in North American stocks fizzled on Monday afternoon, leaving some major indexes down for the day and ending a four-day winning streak for stocks. The Dow Jones industrial average closed at 9,509.28, up 3.32 points or unchanged on a percentage...