Bloomberg.com logo Bloomberg.com 3 weeks ago

Stocks, Gold Rally as Dollar Drops on Speculation Fed Will Keep Rates Low

Nov. 4 (Bloomberg) -- U.S. stocks added to a global rally as a report showed new orders rose in service industries and investors speculated the Federal Reserve will signal its benchmark interest rate will remain at a record low for an extended period. Full Article at Bloomberg.com

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  1. Stocks pushed higher in the hour following the FOMC statement, after the Fed kept its benchmark federal funds rate unchanged in a range of zero to 0.25 percent. Full Article at International Business Times

  2. Nov. 5 (BusinessWire) – The Federal Reserve reiterated that it would keep interest rates near zero for an extended period to help underpin an economy still trying to shake off recession, with rising jobless and subdued inflation. Full Article at Scoop - New Zealand News

  3. Nov. 4 (Bloomberg) -- U.S. stocks added to a global rally as the Federal Reserve said it still plans to keep its benchmark interest rate at a record low for an extended period and a report showed new orders rose in service industries. Full Article at Bloomberg.com

  4. Francis Cianfrocca joins Ben Domenech for the Wednesday, November 4th edition of Coffee & Markets, a series of brief morning podcasts on politics and the marketplace, now appearing as well on WashingtonTimes.com. Full Article at The New Ledger

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