U.S. Stocks Gain

U.S. stocks extended their gains Wednesday after the Federal Reserveretained its pledge to keep interest rates low for a “considerable time.” The Dow Jones Industrial Average was recently
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Jefferies Swings to Loss

Jefferies Group LLC added to the gloom surrounding banks’ fourth-quarter trading revenues, on Tuesday reporting a steep drop in fixed-income revenue while investment banking also fell. Jefferies, seen
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