INQUIRER.net: US stocks rise ahead of expected Fed taper

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US stocks rise ahead of expected Fed taper Sep 18th 2013, 01:15 NEW YORK CITY—US stocks Tuesday closed higher amid greater investor confidence that the US economy could withstand an expected reduction of Federal Reserve bond purchases.   The Dow Jones Industrial Average put on 34.95 (0.23 percent) at 15,529.73.   The broad-based S&P 500 added 7.16 (0.42 percent) at 1,704.76.   The tech-rich Nasdaq Composite Index jumped 27.85 (0.75 percent) to 3,745.70, its highest close since September 2000.   A two-day meeting of the Federal Open Market Committee is scheduled to conclude Wednesday with a statement and news conference with Federal Reserve Chairman Ben Bernanke. Most market watchers expect the Fed... Keep on reading: US stocks rise ahead of expected Fed taper Media files: Wall-Street-frank.jpg (image/jpeg)

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