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Wall Street cheers Fed`s silver lining Stocks sustained gains Wednesday after the Federal Reserve held interest rates near historic lows and signaled the economy has finally started to stabilize. CNNStocks Keep Up Rebound After Fed Announcement Stocks rebounded from two days of losses Wednesday after the Federal Reserve indicated that the economy was stabilizing, although high unemployment continues to weigh on consumers. Washington PostSEC Probing Options Flash Orders The SEC's scrutiny of so-called flash orders is extending to options exchanges, where some say the controversial practice is more common than on stock exchanges. Wall Street JournalCPP assets up $11B A spring stock market surge helped push assets of the Canada Pension Plan up $11.1 billion in the first quarter. CBCSingapore signs dark pool deal with Chi-X Part of plans to build pan-Asian share trading at a time when the growth of China's capital markets is forcing smaller exchanges in the region to come up with innovative ways to ensure their long-term survival FTStocks Higher after Fed Holds Steady The Fed kept rates unchanged and said that the U.S. economy was 'leveling out'. Bernanke & Co. also said it would wind down debt purchases BusinessWeekStocks End Higher as Fed Holds Steady The Fed kept rates unchanged and said that the U.S. economy was 'leveling out'. Bernanke & Co. will also wind down debt purchases BusinessWeekMid-Day Recap: Stocks Recover Losses Ahead of FOMC Three hours into Wednesday's session, the NASDAQ is leading the way with a 1.65% advance to 2,0002, followed by a 1.30% climb in the Dow to 9,361, and a 1.23% hike in the S&P 500 to 1,006. All three indexes are rebounding from two days of losses....(read more) Mortgage News DailyWall Street rises after Fed says economy stabilizing NEW YORK (Reuters) - U.S. stocks powered higher on Wednesday as the Federal Reserve said it saw signs of a more stable economy. ReutersDollar Loses Ground The dollar was broadly weaker against higher-yielding currencies, with a bounce in global stocks. Wall Street Journal1 2 3 4 5 |
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