The Fed just told the market exactly what it wanted to hear

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Wall Street cheered after the Fed shut off its 'automatic pilot' and said its bond portfolio won't shrink much more — and stocks surged higher.

 

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U.S. stocks point to gains following Apple’s results and as a Fed policy update loomsU.S. stock futures indicate a firmer start for Wall Street on Wednesday, led by the technology sector as shares of Apple and Advanced Micro Devices climbed in premarket trading after earnings reports.
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