U.S. Stocks Advance as Fed Pledges to Keep Rates Low: Video March 16 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today. Stocks rose, with the Standard & Poor’s 500 Index reaching a 17-month high, as the Federal Reserve said it will leave its main interest rate near zero for an extended period to safeguard the economic recovery. (Source: Bloomberg) -Bloomberg |
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