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September 18th, 2013
07:26 PM ET

Stocks surge after Fed move to continue its stimulus program

Stocks surged Wednesday with the Dow jumping 147 points. The Dow and S&P closed at new highs - nearly five years to the day after the financial crash and crisis.

Dow, S&P hit record after Fed holds off on taper

The reason for the record? The Federal Reserve announced it would not stop the flow of easy money that's been keeping interest rates at rock bottom levels.

So, what does it mean?

OutFront: Brent Wilsey of Wilsey Asset Management.


Filed under: Economy • Markets • News
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