News Artcle

Stocks rise ahead of final Fed statement of 2013

Published December 18, 2013

New York • Stocks were modestly higher in early trading on Wall Street Wednesday as the Federal Reserve ends its last two-day policy meeting of 2013. Homebuilder stocks rose sharply after the government reported that construction of new homes surged in November. KEEPING SCORE: The Dow Jones industrial average was up 52 points, or 0.3 percent, to 15,927 in the first 20 minutes of trading. The Standard & Poor’s 500 index gained 4 points, or 0.2 percent, to 1,785 and the Nasdaq composite was up 5 ...

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