Stocks, Interest Rate | featured news

Billionaire investor Warren Buffett says stock prices have gotten a boost from low interest rates caused by the Federal Reserve's stimulus efforts.

Stocks resumed their downward slide in early trading Wednesday as investors retreated from the initial optimism that greeted the Federal Reserve's decision the day before to keep interest rates low.

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

Stocks gained, the dollar slid and commodities rose as the Fed prepared to begin a two-day meeting on interest rates.