Emini Futures Bullish After Fed Announcement
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S&P 500 Futures rallied strongly after today's Fed announcement.DJIA rose 1.68% to 13,177.68, above 13k level and 2012 record; Nasdaq jumped 1.88% to 3,039.88 above 3k Level and 11-year high. S&P 500 climbed 1.81% to 1,395.96 (Close to the 1.400 level never reached since June 2008). This gains were spurred by a J.P. Morgan Chase & Co. announcement that it had passed the stress test. J.P. Morgan said it will raise its dividend and has already announced a $15 billion stock buyback plan.
S&P500 Emini Futures
S&P500 (ES) FOMC 03/13/12
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