Stock Market Wrap-Up: Why Are Cruise Line Stocks Sailing Higher Again?
The stock market pushed higher on Wednesday, buoyed by comments from the Federal Reserve. The central bank said it stands ready to take whatever extraordinary monetary-policy measures might be necessary to support the economy, including keeping interest rates essentially at 0% for an extended period of time. Investors saw that as being as accommodative as the Fed could be, and that sent the Dow Jones Industrial Average (DJINDICES: ^DJI), S&P 500 (SNPINDEX: ^GSPC), and Nasdaq Composite (NASDAQINDEX: ^IXIC) up between 2% and 4%.
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Source Fool.com
