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Wall Street soars after Fed minutes signal support

Started by riky, April 10, 2014, 09:00:23 AM

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riky

Wall Street soars after Fed minutes signal support

<p><a href="http://news.yahoo.com/futures-flat-alcoa-results-fed-minutes-tap-113419303--sector.html"><img src="http://l1.yimg.com/bt/api/res/1.2/f2.by2MzcH7yr3mpe.uGVQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-04-09T200702Z_1_CBREA381AIL00_RTROPTP_2_MARKETS-STOCKS.JPG" width="130" height="86" alt="Traders work on the floor of the New York Stock Exchange" align="left" title="Traders work on the floor of the New York Stock Exchange" border="0" /></a>By Angela Moon NEW YORK (Reuters) - U.S. stocks rallied on Wednesday after minutes from the Federal Reserve's latest policy meeting showed a more supportive central bank than investors had previously expected. Fed policymakers were unanimous in wanting to ditch the thresholds they had been using to telegraph a policy tightening, according to minutes of a meeting last month that shed little new light on what might prompt an eventual interest-rate rise.</p><br clear="all"/>

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