Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Tuesday, September 21, 2010

Tuesday

The Dow Jones Industrial Average closed up for a fifth-straight session after the Federal Reserve hinted it could take additional measures to stimulate economic growth. The index is up 7.5% for the month of September and is on track for its best September performance since 1939. The Fed concluded its one-day policy meeting without announcing additional steps to boost the recovery. But central bank officials signaled they are uncomfortable with the recent low levels of inflation and they're prepared to take additional action to the boost the economic recovery. DJIA +7.41 Nasdaq -6.48 S&P 500 -2.93.