Monday’s session ended with slight gains. Stocks stepped up amid a variety of economic news. Factory orders ticked up 1.7% in September, following a 0.1% slip in August. Economists were expecting a 1.8% upswing in September.
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Wednesday’s session closed in the red zone. Stocks traded lower amid comments from the FOMC meeting. The Federal Reserve will continue its $85 billion bond-buying program and leave interest rates at current low levels, noting an increased jobless rate and deceleration in the housing market’s recovery.