Stocks give up gains in last hour, finish mixed after Fed meeting, credit card vote

Stocks give up gains in last hour, finish mixed

US Fed sees recovery as interest rates kept at 0 percent

WASHINGTON - The US Federal Reserve kept interest rates at near 0 percent Wednesday and showed no signs of changing course as it said the US may be emerging from a 20-month recession.

Most commodities little changed as investors wait for Federal Reserve’s assessment of economy

NEW YORK — Commodities traders didn’t take any big chances Tuesday ahead of the Federal Reserve’s statement on the economy, leaving prices for gold and other metals little changed.

European markets down as early enthusiasm over Fed statement wanes

LONDON — European stock markets fell modestly Thursday as early enthusiasm over the U.S. Federal Reserve’s latest policy statement dissipated amid concerns that borrowing costs may rise sooner than many investors were predicting.

Treasurys give up recent gains after Fed statement, 5-year note auction

NEW YORK — The Federal Reserve gave investors little reason to keep buying Treasurys on Thursday.

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Fed statement

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Fed statement

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  • jschulmansr Jeffrey Fed's Freeze Frame : Until employment improves, or inflation threatens, Bernanke & Co. are going to sit tight.
  • jschulmansr Fed's Freeze Frame : Until employment improves, or inflation threatens, Bernanke & Co. are going to sit tight.
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  • petrbuben After a Fed statement that was barely tweaked from before, stocks largely stayed put with strong gains - until the rally vanished with an end-of-day selloff. Dow closes +0.3% (+29.92) to 9,801.83; S&P 500 +0.1% (+1.08) to 1,046.49; Nasdaq -0.1% (-1.80) to 2,055.52.
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