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Stocks extend rally ahead of Fed meeting

4 years ago September 20, 2010 Sep 20, 2010 Monday, September 20 2010 Monday, September 20, 2010 8:11:57 AM CDT in News
Source: Associated Press
By: John Pastorek

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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