Stocks Up Ahead Of Fed Statement; Lennar At New High
Stocks were higher early Wednesday afternoon, with the Dow Jones industrial average hitting a new record high, on expectations the Federal Reserve will keep the fed funds interest rate at a near-zero level to support the economy. The Federal Reserve delivers its policy statement and outlook at 2 p.m. ET, followed by a press conference with Fed Chairman Ben Bernanke at 2:30 p.m. The Nasdaq and S&P 500 each remained up 0.6%. The Dow Jones industrial
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