The Fed steps in, and stocks soar: Dow climbs 206

  • By BERNARD CONDON
    Associated Press
  • Thursday, September 13th, 2012
  • Text size: A A A
Specialist David Pologruto works at his post on the floor of the New York Stock Exchange, as Federal Reserve Chairman Ben Bernanke holds a news conference in Washington, Thursday, Sept. 13, 2012. Bernanke said the Federal Reserve does not have a specific economic target for its new U.S. stimulus program and will keep buying bonds until it sees more jobs, lower unemployment and stronger growth. (AP Photo/Richard Drew)

Specialist David Pologruto works at his post on the floor of the New York Stock Exchange, as Federal Reserve Chairman Ben Bernanke holds a news conference in Washington, Thursday, Sept. 13, 2012. Bernanke said the Federal Reserve does not have a specific economic target for its new U.S. stimulus program and will keep buying bonds until it sees more jobs, lower unemployment and stronger growth. (AP Photo/Richard Drew)