Stocks finish moderately higher on Fed minutes
Published: January 6, 2009
Wall Street has dismissed more bad economic news and is finishing with a moderate advance that leaves stocks at their highest levels in two months.
Fresh details from the Federal Reserve on its efforts to combat the recession have helped offset another round of disappointing economic readings on the service sector, factory orders and pending home sales.
The Dow Jones industrials are finishing up 62, or 0.70 percent, at the 9,016 level. Broader indicators are ending with bigger gains.
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