Stocks rise on Fed's sunnier economic prognosis

Before you go, we thought you'd like these...
The Federal Reserve's decision to keep interest rates steady and slow its purchase of Treasury bonds sent stocks on a late afternoon roller-coaster ride, as the Dow Jones industrial average dipped, zoomed upward and fell again after the announcement. At the closing bell, the Dow had climbed 120 points, or 1.3 percent, to end the day at 9,362.

Led by United Technologies (UTX) and Travelers (TRV), the Dow's rally was broad, with 28 of its 30 component stocks rising. Only DuPont (DD) and Coca Cola (KO) fell.

For more stocks making moves today, be sure to check out BloggingStocks' market wrap up.
Read Full Story

People are Reading

The Latest from our Partners
1 - 3 of 15