Small but steady.
For yet another day the DOW Jones moved higher.
How many more days worth of gains can we expect?
Today's gains were made as the Federal Reserve said after its policy meeting it will buy long-term US Treasuries in a push to revive the recession-hit economy. The Federal Reserve announced that they intend to purchase up to $300 billion of longer-term Treasury securities over the next six months "to help improve conditions in private credit markets."
The long term impact remains to be seen.