Equity markets stayed in a holding pattern for the early part of Tuesday’s trading session as investors awaited news regarding the Fed’s minutes from last month’s policy meeting. Once these were released in the afternoon, stocks jumped initially higher on hopes that the Federal Reserve would extend its quantitative easing program in an attempt to help boost the markets. This news pushed the Dow up by 0.1% and the broader indexes markedly higher; the S&P 500 jumped by 0.4% while Nasdaq surged by 0.7%. Meanwhile, commodity markets were relatively flat while the Treasury market slumped after its long-holiday weekend. Equity markets were boosted by the Fed’s minutes, which indicated that several members though that it would “soon” be the right time for the next round of quantitative easing. Some had wanted to begin the easing program at last month’s meeting but chose to wait in order to gather more data and [...] Click here to read the original article on ETFdb.com. Related Stories: Daily ETF Roundup: UUP Sinks, GDX Continues Surge Daily ETF Roundup: UNG Sinks, VXX Continues Surge Daily ETF Roundup: JJC Sinks, UNG Continues Surge