CBS2-Header-Logo WFAN 1010WINS WCBS tiny WLNYLogo

Federal Reserve System

Specialist Glenn Carell, center, works at his post on the floor of the New York Stock Exchange Tuesday, March 15, 2011. (AP Photo)

Dow Closes Down 138 Points Amid Escalating Japan Nuke Fears

The Federal Reserve expressed more confidence in the U.S. economy even as Japan’s nuclear crisis raised worries around the globe. The Fed said Tuesday that the economic recovery is on “firmer footing” and the jobs market is “improving gradually.”

03/15/2011