The decision to continue its bond-buying set off a sharp rally in stocks. The Standard & Poor's 500 Index ($INX +1.22%) and the Dow Jones industrials ($INDU +0.95%) reached new intraday highs and set new closing highs. The Nasdaq Composite Index ($COMPX +1.01%) closed at a 13-year high. Interest rates fell.
The decision to continue its bond-buying set off a sharp rally in stocks. The Standard & Poor's 500 Index ($INX +1.22%) and the Dow Jones industrials ($INDU +0.95%) reached new intraday highs and set new closing highs. The Nasdaq Composite Index ($COMPX +1.01%) closed at a 13-year high. Interest rates fell.
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