The Wenatchee World

Weather:

Weather

The latest extended forecast from The Weather Channel

Remove this weather forecast

This Afternoon

Hi62° Scattered Showers

Tonight

Lo45° Scattered Rain

Sunday

Hi59° Slight Chc Rain

Sunday Night

Lo40° Partly Cloudy

Monday

Hi55° Mostly Sunny

Monday Night

Lo43° Chance Showers

Tuesday

Hi52° Chance Showers

Tuesday Night

Lo45° Slight Chc Showers

Wednesday

Hi61° Mostly Sunny

Wednesday Night

Lo49° Mostly Cloudy

Wall Street

Send to Kindle
Print This

NEW YORK (AP) — The stock market hit a record high Wednesday as investors cheered the Federal Reserve’s surprise decision to keep its economic stimulus program in place.

Stocks traded slightly lower throughout the morning, but took off immediately after the Fed’s decision in the early afternoon. Bond yields fell sharply — their biggest move in nearly two years. The price of gold had its biggest one-day jump in four years as traders anticipated that the Fed’s decision might cause inflation.

View my optionsorSign in