Wednesday, December 18, 2013

Dow jumps on Fed announcement

http://www.marketwatch.com/story/us-stocks-up-on-strong-housing-data-2013-12-18

U.S. stocks rallied Wednesday after the Federal Reserve announced that it would begin slowing down the pace of bond purchases, known as quantitative easing. The Fed policymakers voted to cut $10 billion a month from its $85 billion bond-buying program, starting in January.

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