Business

Content Preview

Newsday/Optimum Online® subscribers click here for full access
Not a Newsday or Optimum Online® subscriber? Click here

Stocks end lower despite better view from Fed

NEW YORK (AP) — Investors were encouraged by the Fed's latest improved assessment of the economy, but not enough to propel the Dow Jones industrial average past 10,000.

Stocks closed lower Wednesday as a brief rally followed the Fed's economic statement and then faded. The Dow came within 82 points of crossing 10,000 for the first time since October, but ended the day with a loss of 81.

Stocks...

newsday.com is now available at no charge to Newsday and Optimum Online® subscribers. To continue reading, please log in or register now.

  • Already
    registered on
    newsday.com?
    log in
  • Already a subscriber
    to Newsday or
    Optimum Online®?
    get access
  • Not a Newsday
    or Optimum Online®
    subscriber?
    click here

photos and videos