Fed Says Economy Picked Up, Cuts Bond Buys Further

April 30 (Bloomberg) -- The Federal Reserve said the economy is gaining momentum as consumers spend more, and said it would continue to trim the pace of bond purchases. The Federal Open Market Committee pared monthly asset buying to $45 billion, its fourth straight $10 billion cut, and said further reductions in “measured steps” are likely. Peter Cook reports on Bloomberg Television's "Bottom Line." (Source: Bloomberg)

What Accelerated Nasdaq Stocks to Decline?
24:16 - Strategas Technical Analysis Head Chris Verrone examines global banks and decline of stocks on the Nasdaq. He speaks with Bloomberg’s Alix Steel and Scarlet Fu on “Bloomberg Markets.” (Source: Bloomberg)
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