Nov 4th, 2009 - CNNMoney
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NEW YORK (CNNMoney.com) -- Stocks trimmed gains Wednesday afternoon after the Federal Reserve kept interest rates unchanged and said it will keep them low for an extended period.
The Dow Jones industrial average (INDU) had gained 120 points before the decision, but it gave up half its gains to add 60 points, or 0.6% after the roughly 2:15 p.m. ET announcement. The Dow had gained as much as 146 points earlier in the day. The S&P 500 (SPX) gained 9 points, or 0.9%, and the Nasdaq composite (COMP) rose 10 points, or 0.5%.
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US STOCKS-Wall St rally stalls late after Fed statement
Nov 4th, 2009 - CNNMoney
* Investors eye FOMC statement on rates and economy * Healthcare sector jumps after election results * U.S. private sector sheds jobs at slowest pace in yr * Dow up 0.3 pct, S&P up 0.1 pct, Nasdaq off 0.1 pct NEW YORK (Reuters) - U.S...
Market gains hold, barely, after Fed news
Nov 5th, 2009 - UPI
NEW YORK, Nov. 4 (UPI) -- Gains held up, but U.S. markets turned sharply lower Wednesday after the Federal Reserve announced it would keep lending to banks at historically low rates.
Stocks give up gains in last hour, finish mixed
Nov 4th, 2009 - Houston Chronicle
NEW YORK — A late-day slump left stocks mixed Wednesday as investors couldn't hold on to their optimism after the Federal Reserve gave an encouraging assessment of the economy. The Dow Jones industrial average...
Stocks give up gains after Fed
Nov 4th, 2009 - CNNMoney
NEW YORK (CNNMoney.com) -- Stocks ended mixed Wednesday, giving up bigger gains after the Federal Reserve kept interest rates unchanged and said it will keep them low for an extended period.
US Stocks Erase Gain as House Votes to Limit Card Rates
Nov 4th, 2009 - Bloomberg
Nov. 4 (Bloomberg) -- U.S. stocks erased most of a156-point rally in the Dow Jones Industrial Average after aHouse bill to curb credit-card rates spurred concern aboutbank earnings...
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8:32#7 THE ENDGAME: When the Fed RAISES Interest Rates
In this video Mr. Fed describes the endgame scenario that central bankers around the world are attempting to avoid, ie when a sell off in Treasuries causes the Fed, against their will, to RAISE interest rates ...
5:56The Federal Reserve, Your Money, Interest Rates, Stocks
How about that fed? Seems like they've got a new scheme to fix what they broke. I don't care what they do or don't do. My money will be made or lost regardless. Yours should be, too.
9:37Only a MARKET CRASH can save the Fed's plan?
Low real interest rates need low yield on bonds. As foreign buyers dry up, who will buy the bonds?..... perhaps the Fed needs to scare cash out of stocks and into the 'safe haven' of bonds ...
4:26#6 THE ENDGAME: When the Fed RAISES Interest Rates
In this video Mr. Fed describes the endgame scenario that central bankers around the world are attempting to avoid, ie when a sell off in Treasuries causes the Fed, against their will, to RAISE interest rates ...
