Tue, 05 Mar 2013 09:36:04 GMT
U.S. stocks edge higher as Fed continues the stimulus measures
U.S. shares climbed on Monday, as the Federal Reserve pledged to extend its stimulus measures to bolster the largest economy's growth offsetting concerns over spending cuts. The Standard's & Poor 500 advanced 0.5% to 1,525.20 after retreating 0.4% earlier. All but two sectors edged higher. Genworth Financial Inc. rallied 6.7% to $9.09, posting biggest gains in the gauge, and