That 70 point pop in the DJIA at 2 ET is likely attributable to this statement from the Fed...
That 70 point pop in the DJIA at 2 ET is likely attributable to this statement from the Fed minutes: "A few members noted ... the committee might have to consider providing additional monetary stimulus." The statement shouldn't be a surprise, but any hint of QE3 is likely to please stocks, at least for a short bit.
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