Federal Reserve, Stock Market | featured news

The Federal Reserve may take steps Tuesday to try to boost investor confidence, Bloomberg News reports.

The Federal Reserve wanted to push interest rates lower and jump-start financial markets with its $600 billion economic stimulus plan. So far the Fed is getting the results it wants.

Investors are awaiting the outcome of the midterm elections and the Federal Reserve’s two-day meeting amid speculation over stimulus programs.

Stocks rallied Wednesday as investors continue to anticipate more stimulus measures from the Federal Reserve.

The stock market continued its advance of the past month after the Fed said it would keep interest rates low to revive the economy.