Stocks post sharp gains as Federal Reserve, slightly more upbeat, sees economy ‘leveling out’NEW YORK — A more upbeat Federal Reserve is reassuring investors that they’ve been making the right bets. Stocks add to rally as Federal Reserve, slightly more upbeat, sees economy ‘leveling out’NEW YORK — A more upbeat Federal Reserve reassured investors that they’ve been making the right bets. Stocks extended their sharp gains Wednesday after the Fed, ending a two-day policy meeting, issued a more optimistic view of the economy and said it appears to be “leveling out.” That was a change from the central bank’s June assessment that the economy was shrinking at a slower pace. Stocks hold on to gains as Federal Reserve, slightly more upbeat, sees economy ‘leveling out’NEW YORK — A more upbeat Federal Reserve reassured investors that they’ve been making the right bets. Homebuilder stocks join rally after Toll Brothers report showing improving salesNEW YORK — Homebuilder stocks joined the market rally Wednesday after luxury builder Toll Brothers Inc. posted its first annual increase in signed contracts in four years. Stocks jump as investors await Fed announcement; bounce follows biggest drop in 5 weeksNEW YORK — Investors seized on a buying opportunity Wednesday, picking up bargain stocks after a big pullback. |