Wall Street takes heart from Fed&#39;s upbeat economic outlook
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US STOCKS rose yesterday as investors were perked up by the Federal Reserveâs upbeat assessment of the economy and a continued drop in crude oil futures.
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WASHINGTON - The Federal Reserve raised its target for short-term interest rates Wednesday, comfortable that the economy has passed late spring&#39;s &quot;soft patch.
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Federal Reserve Chairman Ben Bernanke offered a mostly upbeat assessment of the economy Wednesday, citing improvements in inflation and housing in comments suggesting the Fed will leave interest rates alone for a while.
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Tokyo stocks edged higher early Wednesday, taking a cue from Wall Street where investors welcomed the U.S. Federal Reserve's upbeat view of the economy and its decision to raise interest rates. The dollar was lower against the Japanese yen.
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Stocks regain some of Tuesday's losses as Fed chief indicates everything is okay.
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US stocks gained yesterday, after the Federal Reserve raised interest rates as expected, while it reassured investors that inflation was in check and indicated the economy was growing at a moderate pace.
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The US Federal Reserve gave Wall Street an impressive boost on Tuesday as stock markets rejoiced in a surprise decision to cut interest rates by 50 basis points.
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U.S. stocks rose on Wednesday as Federal Reserve Chairman Ben Bernanke's comment that the economy was poised to grow moderately reassured investors a day after the Dow industrials' worst slide since the September 11, 2001, attacks.
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U.S. stocks edged up on Tuesday as  investors expected the Federal Reserve to stay on a course of  "measured" interest-rate increases, while major Wall Street  investment banks rose on higher profits.
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Wall Street stocks rallied strongly on Wednesday after Ben Bernanke offered reassurance that the Federal Reserve was &quot;closely monitoring developments&quot; in financial markets and was &quot;prepared to act&quot; if required.
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Stocks gained on Wednesday, with the   S&P 500 briefly touching a five-year high, amid optimism about   corporate profits and the outlook for inflation, after the   Federal Reserve decided to keep interest rates unchanged.
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NEW YORK - Strong earnings from financial services companies and upbeat economic data pushed stocks higher Tuesday, but many investors clung to the sidelines ahead of the Federal Reserve's decision on interest rates, expected later in the session.    In morning trading, the Dow Jones industrial average was up 7.52, or 0.1 percent, at 10,212.41...
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Stocks could rally back up to their   highs of the year next week if the Federal Reserve shows Wall   Street that its decision to keep interest rates on hold last   month wasn't just a one-off.
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US stocks were potentially looking at a brighter start on Friday, after a closely watched measure of inflation fell back into the Federal Reserve&#39;s comfort zone.
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WALL STREETâs leading institutions expect the US Federal Reserve to raise American interest rates tomorrow, despite anxiety over the global outlook for 2005.
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Wall Street stocks rebounded on Wednesday after the Federal Reserve revealed a number of measures designed to alleviate money market funding pressures.
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Stocks rallied on Wednesday as strong   earnings reports, lower oil prices, and the Federal Reserve's   decision to leave interest rates unchanged for the second   consecutive month increased optimism about the coming quarter   and a "soft landing" for the U.S. economy.