From Forbes: U.S.
stocks jumped this morning, a signal that investors believe the Federal Reserve
will keep its easy money policy unchanged at a two-day policy meeting this
week.
The Dow Jones industrial average gained 1.1%, 166.34 points,
to 15,236.52. The S&P 500 added 1%, 16.1 points, to 1,642.81, and the
Nasdaq composite went up 1.1%, 36.2 points, to 3,459.79.
Policymakers are
divided on when to stop the stimulus that has propelled equities to record
highs and kept interest rates low. Fed Chairman Ben Bernanke said the central
bank may begin to end its $85 billion-a-month bond-buying program “in the next
few meetings.”
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