Stocks reversed post FOMC losses and struck a strong come back to close sharply higher. Indeed, DOW ended up nearly 430 pts, close to 4% at 11239.77 while S&P 500 closed up 53 pts or 4.74% at 1172.53. While the lack of mentioning of QE3 in the statement was still Stocks Reversed and Sentiments Turned, Investors Look Past FOMC to Jackson Hole Conference

Related posts:

  1. Little Attention to FOMC Statement, Stocks Pare Losses, Euro Firm
  2. Daily Report: Dollar Recovery Short-Lived, Back Pressured ahead of FOMC
  3. Stocks Tumble Again as Bernanke Disappoints, Swiss Franc Extends Rally
  4. Daily Report: Risk Sentiments Recover, Euro Rebound Limited by Portugal Downgrade
  5. Bernanke To Re-shape Thinking At The First FOMC Press Briefing

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