Wednesday, September 18, 2013

Stock Indexes Close at Record Highs After Fed Decision

BREAKING NEWSWednesday, September 18, 2013 4:09 PM EDT
Stock Indexes Close at Record Highs After Fed Decision
U.S. stocks rallied to record highs on Wednesday after the Federal Reserve surprised investors and decided against trimming its bond-buying stimulus program.
Stocks were modestly lower before the announcement, but after the Fed statement the Dow and S. & P. 500 indexes quickly climbed to record highs after the central bank said it would continue buying bonds at an $85 billion monthly pace for now.

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http://www.nytimes.com?emc=edit_na_20130918
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