Updated at 1:47 p.m., Monday, December 10, 2007
Stocks end up; investors upbeat ahead of Fed meeting
Associated Press
Stocks rose Monday as expectations for an interest rate cut from the Federal Reserve and an uptick in pending home sales helped offset concerns about another round of subprime mortgage-related losses. Investors remained upbeat ahead of the Fed's rate-setting meeting on Tuesday. Policymakers are widely expected to lower rates, though economists are still split over whether a cut would be a quarter-point or half-point.
For the year:
