.S. stock markets on Thursday soared to multi-year highs after the Federal Reserve announced aggressive new monetary stimulus measures to bolster the flagging economy. The Dow Jones Industrial Average climbed 206.51 points, or 1.55 percent, to close at 13,539.86, while the larger S&P 500 index surged 23.43 points, or 1.63 percent, to end the day at 1,459.99. Both the Dow and the S&P 500 closed at their highest levels since December 2007.
- How does chocolate milk stack up as a sports drink?
- Cul-de-sacs are killing America
- Diagnosing the Home Alone burglars' injuries: A professional weighs in
- The 10 worst-reviewed movies of 2013
- Why Republicans shouldn't get too excited over Obama's stumbles
- The last racial taboo
- How did Love Actually become so controversial? A theory
- TIME chose Pope Francis as its Person of the Year. And it was the perfect choice for the Upworthy era.
- 10 things you need to know today: December 11, 2013
- 7 enduring lessons from It's a Wonderful Life
Subscribe to the Week