Stocks extend rally ahead of Fed meeting

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Posted: Sep 20, 2010 9:11 AM by John Pastorek
Updated: Sep 20, 2010 9:17 AM
Source: Associated Press

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Topics: stocks, stock market, Wall Street, Federal Reserve, traders, Dow Jones Industrial average

Stocks extended their September rally into a fourth week Monday as traders looked toward the Federal Reserve's meeting later this week.

The Dow Jones industrial rose 73 points in early morning trading. Broader indexes also rose.

There is growing expectation the Fed's rate-setting committee might relaunch programs to buy treasuries and mortgage bonds in an effort to further stimulate the struggling economy.

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