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Global Markets Update: Stocks Higher After Fed Keeps Interest Rates Low

Thursday, 26 Jan 2012 | 5:10 AM ET

US futures point to Wall Street opening higher. European shares rose today halting two days of losses, after the U.S. Federal Reserve said interest rates would remain low for a considerably longer period than expected and it was ready to offer additional stimulus to boost economic growth. Asian shares firmed on the same news.