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Stocks Hit Highs After Fed Announces New Plan

Michael Juliani |
September 13, 2012 | 8:15 p.m. PDT

Executive Producer

 

Portrait of Federal Reserve Chairman Ben Bernanke.  (Wikimedia Commons)
Portrait of Federal Reserve Chairman Ben Bernanke. (Wikimedia Commons)

Stocks have risen to multi-year highs Thursday after the Federal Reserve announced a new plan asking investors to participate more in the market, according to Reuters.

The Dow and the S&P both finished at their highest points since Dec. 2007, and the Nasdaq finished at its highest since Nov. 2000.

Reuters said that groups like Apple Inc. and Exxon Mobil, the top two market names, closed out at all-time and four-year highs, respectively.

Read the whole story at Reuters.

 

 

Read more of Neon Tommy's coverage of the market here.

Reach Executive Producer Michael Juliani here; follow him on Twitter here.



 

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[video:https://www.youtube.com/watch?v=KTdpCitDdXE&list=UU1tL2s9hkvS2TSyP65kS_Sw]Griffith Observatory hosted school groups and others today to view the partial solar eclipse. Lasting for only a few hours, a solar eclipse is when the moon passes between the sun and Earth. Astonomers and sky enthusiasts brought their telescopes to the observatory's lawn to view the eclipse. 

The prosecution and defense delivered their final arguments today in court.

 


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