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US Stocks Erase Gain as Optimism About Fed Plan Fades
Bloomberg Stocks rallied after the central bank said it will buy $ 45 billion a month of Treasury securities starting in January, in addition to $ 40 billion a month of mortgage-debt purchases, as part of its effort to stimulate the economy. Asset buying will … MARKET SNAPSHOT: US Stocks Rise On Thoughts Of Fed Move Ahead Stocks rise amid speculation of expanded Fed stimulus, fiscal cliff talks Stocks Erase Gain as Fed Optimism Fades; Treasuries, Dollar Fall |