Posts Tagged ‘Committee’

Stocks Soar Back as Treasury Yields Drop

U.S. stocks on Tuesday surged the most in two years after its worst day since 2008, as a divided Federal Open Market Committee said benchmark rates would stay near zero through mid-2013. After relinquishing 634.76 points, or 5.6%, in Monday’s battering, the Dow industrials rallied back, gaining 429.92 points, or ...

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