NEW YORK: US stocks rose on Monday but ended well off their highs as investors speculated over the Federal Reserve's intentions about its massive stimulus program to aid the economy before a meeting of policymakers that begins on Tuesday.Major indexes climbed from the start of the session and were more than 1 percent higher for much of the day, recovering all of last week's losses, on the view that the Fed would reaffirm its policies of supporting the economic recovery at the end of a two day meeting that starts on Tuesday.However, the Financial Times reported the Fed was likely to signal that a move to reduce the program was close."We're held hostage in front of comments about what the direction for stimulus is, and the market is always more volatile when it is in front of the information flow," said Dan Veru, who helps oversee $3.8 billion as chief ...
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