Economic Indicators, Stock Market & Investment Reports


Fed decision hailed by investors, criticized by emerging markets

The U.S. stock markets surged to two-year high Thursday, Nov. 4, a day after the Federal Reserve’s decision to buy more government securities to stimulate the economy. the Dow was up 1.96 percent, at 11,437.84, while the Standard & Poor’s 500-stock index rose 1.93 percent, to 1,221.06.

Wednesday’s reaction to the Fed announcement was muted, although it was enough to send the Dow up 26.41 points on Wednesday to its highest close in two years. On Thursday, as investors absorbed the impact of the announcement, financial markets in Europe and Asia rose, and the dollar weakened.