NEW YORK: U.S. stocks rose on Friday and the Dow registered its best weekly gain since January, helped by gains in Intel, though trading was subdued as the Federal Reserve is expected to scale back its stimulus measures next week.
Despite indications economic growth slowed somewhat in the third quarter, traders expect the Fed to trim its $85 billion in monthly bond purchases by $10 billion while leaving interest-rate policy highly accommodative to help the economy - and be supportive of equities.
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