Investors barreled into stocks Wednesday after an upbeat report on industrial production raised hopes that the economy is strengthening.
The Federal Reserve's report that industrial activity surged 0.8 percent in August topped expectations. It came a day after Fed Chairman Ben Bernanke said that the recession was likely over.
Traders hope Fed keeps singing the same tune
Investors expect the Federal Reserve to keep a key interest rate at a historic low level. Why? Because Fed Chairman Ben Bernanke said so.
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