The Motley Fool Previous Page

Markets Continue Their Climb Higher

Matt Thalman
June 18, 2013

As investors await tomorrow's conclusion of the Federal Reserve's two-day policy meeting, most are betting that the central bank won't make very many changes to its current stimulus programs. As of 12:50 p.m. EDT the Dow Jones Industrial Average (INDEX: ^DJI) is up 124 points, or 0.82%, while the S&P 500 has risen 0.69% and the Nasdaq is up 0.82%.

If investors feared that the Fed would slow down its bond-buying program, the markets would likely be falling today -- which, from one standpoint, doesn't make a lot of sense. The Fed has announced that it will only slow its bond-buying program once the economy is healthy and can fully sustain its own growth. One would think a healthy economy would be good for businesses and the market as a whole, but stocks would initially drop u