US markets, stocks rallied amid optimism that the Federal Reserve will announce further steps to boost the economy but finished off session highs after reports that a German official said there were no plans to use the EU’s rescue fund to buy bonds of troubled countries.
Dow Jones Industrial Average added 0.75% or 99.51 points at 12837.33. Nasdaq Composite gained 1.19% or 34.43 points at 2929.76. Standard & Poor’s 500 rose 0.98% or 13.2 points at 1357.98.
Epic U.S. Market Update
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