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Stocks, treasurys react to cue that Fed will boost economy
A look at the day's business news headlines:
Stocks end higher as Fed signals more aidÂ
Â
Stocks recovered from earlier losses to close higher Tuesday after meeting minutes suggested the Federal Reserve will act soon to provide additional support for the economy.
The Dow Jones industrial average rose 10 points, or 0.1 percent, after falling more than 70 points earlier in the session. The S&P 500 gained 4 points, or 0.4 percent. The Nasdaq added 15 points, or 0.6 percent.
Fed policymakers continue to believe that the pace of the economic recovery is slowing, according to minutes from the central bank's September meeting.
The minutes also suggest that the Fed is ready to make good on its previous pledge to provide additional "unconventional measures" to boost the economy.
Treasury yields remain under pressureÂ
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Treasury prices headed lower as investors returned from the Columbus Day holiday to a full slate of economic news.
Yields were under pressure Tuesday, ahead of the Federal Reserve minutes, which came out in the afternoon. The 5-year note yield touched a record low and yields on the 10-year note hovered at their lowest level since January 2009.
But yields rose and prices fell after the minutes were released. That's
because the minutes appear to lay the groundwork for Fed action, possibly as soon as its next meeting on Nov. 2-3.
- CNNMoney.com reporters Charles Riley and Ben Rooney contributed to this report.
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@cnnbrk on Twitter
all as guilty for the suicides,murders,killing of and by MY Troops.
you play poilitics as MY Troops Kill Them Seleves, Thier Wives and Children, egt in shoot outs with the cops.
NO Talks. NO deals. NO Turces. NO Cease fires. Take YOUR Filth and get the Fuk out.
Or die.
Currently The Brits and EYE have a cease fire -truce.
you going to fuk that up AGAIN?
again they have started inbtercpeting my messages in here. blocking
rot in Hell .
im now goiong top gut yout ime warner c.n.n.
i gave you a list of some of my comapnies.
im now going to pretyy much gut all of you.
no you dont care about my war. or Me.
YOU are Fired. GET YOUR ASS UP out of that chair and go the fuk home.
and im going ot let ted turend pretty much do as he likes ot you first.
lest see how fuking funny you think i am now c.n.n fukers.
i gave you a list of some of my comapnies.
im now going to pretyy much gut all of you.
no you dont care about my war. or Me.
YOU are Fired. GET YOUR ASS UP out of that chair and go the fuk home.
and im going ot let ted turend pretty much do as he likes ot you first...
lest see how fuking funny you think i am now c.n.n fukers.
get atht fuking a.p,.b off me now fukers.
Fire and find and arrest everyone of thes epeoepl who are dleting,blocxking andintercptingmy messages.
GO arrest Glen Beck.
and Die.
and Die.
Inshallah.
Now I Am Going To Stop Being " NIce".
Mallory Simon = YOU Are Fired.
Get THe Fuk Out.
DR. Bad? Did you even read my post?
yes ophil I did. unlike you i read every post.
and you phil like so many americans show evry time you open your mouth you do not listen.
you just keep blabbing away oblivious for how many months now?
and one day you wil spen 15 minutes and find out who i am.
and you too wil be wishing you had not wasted my time.