US Stocks Soaring on New Hopes of Stimuli

U.S. stocks rallied Wednesday based on a lack of bad news out of Europe and hopes that the Federal Reserve would engage in a new round of stimulus.

Traders work on the floor of the New York Stock Exchange on June 6. As investors gained confidence that more stimulus for the global economy U.S. stocks rallied with the Dow and S&P 500 showing their best gains of the year. Spencer Platt/Getty Images