27 Jun 2013
Wall Street rises for third day on extra QE time
FXstreet.com (San Francisco) - The US stocks market rose on Thursday for third straight session as investors are confidence than the Fed will take more time before starting its QE tapering.
Many Fed policymakers' speeches have said that the economy will need more time before tapering the Fed could start reducing its bond-buying. The Dow topped the 15,000.
The DJIA advanced 114.35 points or 0.77% to finish the day at 15,024.49. The S&P 500 added 9.94 pts or 0.62% to end the day at 1,613.20. And the Nasdaq Composite closed the session at 3,401.86 after rising 25.64 pts or 0.76%.
Many Fed policymakers' speeches have said that the economy will need more time before tapering the Fed could start reducing its bond-buying. The Dow topped the 15,000.
The DJIA advanced 114.35 points or 0.77% to finish the day at 15,024.49. The S&P 500 added 9.94 pts or 0.62% to end the day at 1,613.20. And the Nasdaq Composite closed the session at 3,401.86 after rising 25.64 pts or 0.76%.