he stock market is closing out its worst week since early June after the first round of U.S. corporate earnings reports failed to get investors excited.
The stock market staged a huge rally after investors got the aggressive economic help they wanted from the Federal Reserve. The Dow Jones industrial average is finishing up more than 200 points.
Stocks are moving higher in midday trading. Investors are looking ahead to two events sure to move markets this week: a Federal Reserve meeting and a court decision on whether Germany can help support its struggling neighbors. The Dow Jones industrial average is up 88 points to 13,342 shortly before noon Tuesday.
The stock market followed one of its most exciting days of the year with a rather dull one Friday. Indexes barely rose following a weak jobs report, which increased hopes that the Federal Reserve would act next week to support the economy.