The Traderszone Network

Published in TZ Latest News 16 September, 2014 by The TZ Newswire Staff

Stocks Rise Ahead Of Fed, Led By Biotech, Chip Names

Stocks recovered from an early sell-off to end higher Tuesday on expectations the Federal Reserve will maintain its dovish stance on interest rates. The Nasdaq and the S&P 500 both rallied 0.7%, while the Dow Jones industrial average rose 0.6%. Volume on the NYSE rose 13% compared to Monday while turnover on the Nasdaq fell 4%, according to preliminary data.

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