Stocks rise ahead of Fed announcement

5:39 AM, Sep 13, 2012   |    comments
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NEW YORK (AP) - Stocks edged higher in Wednesday trading.

Investors were happy to see that Germany's highest court cleared the way for that country to participate in a European rescue fund. Attentions now shift to the Federal Reserve, which wraps up its two-day meeting today.

The Dow gained 10 points to 13,333, a four-year closing high. The Standard & Poor's 500 index added 3 points to 1,436.56, also close to a four-year high.

The Nasdaq composite index climbed 10 points to 3,114, helped by rising Apple shares. Apple unveiled the iPhone 5.

 

 

 

 

 

 

 

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