Business

US stocks surge as Fed sees more low rates

By Washington Examiner
Published October 8, 2014 8:08pm ET
Add Washington Examiner on Google
US stocks surge as Fed sees more low rates
An American flag flies in front of the New York Stock Exchange, Wednesday, Oct. 8, 2014 in New York. Stocks are moving between gains and losses in early trading as traders digest the latest corporate earnings news. Later Wednesday the Federal Reserve releases minutes from its latest policy meeting last month. (AP Photo/Mark Lennihan) | Mark Lennihan

NEW YORK (AP) — The U.S. stock market surged to its biggest gain of the year, erasing a loss from a day earlier.

Investors were reacting to minutes from the Federal Reserve’s latest policy meeting, which showed that the Fed is reluctant to raise interest rates any time soon.

Already a print subscriber? Click here to login/register your account

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.