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20 Mar 2013
Wall Street closes higher after the Fed reaffirms stimulus
FXstreet.com (San Francisco) - The US stocks market closed higher on Wednesday as Cyprus fear eased and the Federal Reserve lowered its unemployment forecast for the upcoming years and affirmed QE as they cut growth expectations.
The Dow Jones advances 55.91 points or 0.39% on the day to close at 14,511.73. The S&P 500 added 10.37 points or 0.67% to finish at 1,558.71. The Nasdaq Composite gained 25.09 points or 0.78% to end at 3,254.19.
The Dow Jones advances 55.91 points or 0.39% on the day to close at 14,511.73. The S&P 500 added 10.37 points or 0.67% to finish at 1,558.71. The Nasdaq Composite gained 25.09 points or 0.78% to end at 3,254.19.