The Traderszone Network

Published in TZ Latest News 17 September, 2014 by The TZ Newswire Staff

Major Indexes Edge Higher After Federal Reserve Stands Pat On Interest Rates

The stock market rose, then gave back most of the day’s gains Wednesday even after the Federal Reserve made it clear that it’s still in no hurry to raise the cost of money. For now, the market’s uptrend stayed intact. Most leading stocks did well, but the price gains were mostly accompanied with dull volume. Such action can be expected in an environment in which the market uptrend is under pressure. The IBD 50 advanced 0.4%.

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