INQUIRER.net: US stocks surge ahead of Fed meeting

INQUIRER.net Philippine News for Filipinos

US stocks surge ahead of Fed meeting Jun 19th 2013, 00:17 NEW YORK—US stocks Tuesday rose decisively as investors bet that the Federal Reserve will stay the course the next day on its economic stimulus policy.   The Dow Jones Industrial Average surged 138.38 (0.91 percent) higher to 15,318.23.   Tuesday's session marked the sixth in a row that the Dow moved more than 100 points in a single session.   The broad-based S&P 500 jumped 12.77 (0.78 percent) to 1,651.81, while the tech-rich Nasdaq Composite Index rose 30.05 (0.87 percent) to 3,482.18.   The Federal Reserve's policy panel Tuesday kicked off a two-day meeting that will culminate in a Wednesday policy statement and news conference wit... Keep on reading: US stocks surge ahead of Fed meeting Media files: wall-street.jpg (image/jpeg)

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