Market recap: Stocks were in familiar Fed-rally mode as the central bank's two-day meeting...

|By:, SA News Editor
Market recap: Stocks were in familiar Fed-rally mode as the central bank's two-day meeting begins, but slipped from earlier highs following reports that a German official said there were no plans to use the EU's rescue fund to buy bonds of troubled countries. The euro topped $1.27, reaching its highest level vs. the dollar in nearly a month. NYSE gainers led losers three to one.