Fear has had a death grip over the market for some time now, but today it's briefly loosening up as investors are encouraged progress can be made during the Fed's two-day meeting concerning monetary policy. An announcement will be made tomorrow afternoon by Fed Chairman Ben Bernanke regarding the possibility of further stimulus measures. Positive news is also coming from Spain: 10-year notes retreated below 7% as the country met its target during today's debt auction. The increased positive sentiment boosted July oil futures, with West Texas Intermediate crude pushing $84 per barrel.
Dow Jones Industrials
Source: Yahoo! Finance.
After announcing its new hardware addition, Microsoft
Bank of America
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