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View Full Version : US stocks advance as investors await Fed


shevaub
01-29-2008, 12:21 PM
Wall Street was mostly higher Tuesday as the Federal Reserve opened a two-day meeting expected to bring another interest rate cut to revitalize the U.S. economy.
The Fed's rate decision is clearly the market's focus this week, and trading is marked by investors' conjectures about policymakers' thoughts on the weak economy and crunched financial industry. With an announcement not expected until Wednesday afternoon, the market in the meantime digested data on earnings, consumer spending and durable goods...
http://vietstocknews.blogspot.com/2008/01/us-stocks-advance-as-investors-await.html