The Dow adds 21 points while many market participants are on vacation ahead of the Labor Day weekend. Mark Lasseigne reports on what's happening Wall Street. 

 

 
  • Wall Street posts gains on hopes of more Fed stimulus. Dow Jones Industrial Average added 21 points to 11,560.
  • Stocks had fallen after the Conference Board said its index of consumer confidence dropped to the lowest level since 2009.

  • The minutes of the latest Federal Reserve policy setting meeting was released this afternoon, showing Fed officials discussing other options to pump money into and juice the U.S. economy. The market gained after the report, but on thin volume.

  • Crude oil settled higher at $88.90 a barrel.

  • Gold prices climbed to $1,830/ounce.

  • Trading volume is expected to be light for the rest of the week as many market participants are on vacation ahead of the Labor Day weekend.