While you were sleeping Fed bullishness prevails, for now

Tue, 11 Sep 2012

By Margreet Dietz Sept 12 (BusinessDesk) - Stocks advanced on Wall Street and in Europe as investors bet the US Federal Reserve will announce a round of fresh stimulus measures this week. First though is tomorrow's ruling by Germany’s Federal Constitutional Court on the legality of the country's participation in the euro zone's rescue fund set up to help ease high borrowing costs of struggling member nations. A negative ruling would jeopardise the creation of the fund. In late afternoon trading in New York, the Dow Jones Industrial Average...

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