S&P 500
1651.81
+12.77 +0.77%
Dow Indu
15318.23
+138.38 +0.90%
Nasdaq
3481.26
+29.13 +0.84%
Crude Oil
99.02
+0.35 +0.35%
Gold
1368.29
+1.96 +0.14%
Euro
1.33860
-0.00050 -0.04%
US Dollar
80.588
-0.099 -0.13%
Strong

Market Commentary and Intraday News

News Summary: For 2nd day, Fed sends stocks higher

277 days ago

By The Associated Press

THE FED EFFECT: Stocks rose Friday, energized for a second day by the Federal Reserve's promise to take new steps to try to heal the economy.

TRUE BELIEVERS?: Some investors were skeptical that the Fed's moves will help the economy in the long term. But even they wanted to take advantage of the short-term stock market gains.

THE RUSSELL CROWS: The Russell 2000 index, which tracks smaller public companies, briefly traded above its highest close of all time.


Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

INO.com on Facebook INO.com MarketClub on Twitter INO.com YouTube

© Copyright INO.com, Inc. All Rights Reserved.