Stocks rose late in the session Tuesday to record modest gains after the notes from the latest meeting of the U.S. Federal Reserve (Fed) indicated that some central-bank policymakers favored more stimulus to help the weak U.S. economy. Stocks had opened lower before falling sharply following a weak U.S. consumer-confidence report. Stocks recovered from those losses, and were lackluster until the Fed notes were released in the afternoon. The Fed notes revealed that some committee members advocated another round of Treasury purchases to spark the economy. The Dow Jones industrial average rose 20.70, or 0.2 percent, to 11,559.95. Financial stocks remained under pressure, with Bank of America losing 3.2 percent and J.P. Morgan Chase falling 1.5 percent. The broader Standard & Poor's 500 index rose 2.84, or 0.2 percent, to 1,212.92. The technology-heavy Nasdaq composite index rose 14.00, or 0.55 percent, to 2,576.11. Research in Motion (RIM), Baidu, and Netflix were among the biggest winners on the index.
