Markets Close Higher On Upbeat Economy

Investors cheered by the Federal Reserve's assessment that the economy is expanding at a moderate or steady pace lifted the markets to a higher close with the Dow climbing 58 points to 11,210. Nasdaq gained 16 points to 2,312 while S&P 500 added 6 points to 1,303. The 30-year bond eased as the yield rose to 4.752%.