The Federal Reserve took an in-between course with its announcement today, in some ways disappointing investors on both ends of the spectrum. Those who believe that the economy is slowing down wanted further action from the Fed to stimulate economic growth, while those who believe that the Fed should stop manipulating the bond market were upset with its decision to extend its Operation Twist program. The net impact on the stock market, though, was somewhat negative, with the Dow Jones Industrials
Most stocks saw a zigzag pattern, with an initial drop after the announcement, followed by a substantial gain that then slowly eroded throughout the afternoon. But at least as of 3 p.m. EDT, a few stocks remain somewhat higher than they were before the Fed decision. General Electric
Hewlett-Packard
Finally, JPMorgan Chase
Let's move on
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