"Twist" and Shout: Market Dives After Controversial Fed Decision

Stocks were quiet if not slightly weak this morning ahead of the much anticipated Fed announcement, but when Chairman Bernanke announced "Operation Twist", the market dove sharply, with the S&P 500 finishing down nearly 3% Ironically, the announcement (which normally comes at 2:15 pm ET) was delayed for nearly 10 minutes due to a paper jam. When it did come out, it seems the FOMC decided to...

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