The Federal Reserve concludes its two-day policy meeting Wednesday, with an announcement expected at around 2:15 p.m. ET. With no change expected in interest rates, investors probably will focus on the bank's assessment of the economic outlook, particularly after Chairman Ben Bernanke said last week that the recession was "technically" over, but the labour market still has a long way to go.Also Wednesday, Treasury Secretary Timothy Geithner is set to testify before the House Financial Services committee on regulatory reform, starting at around 9:30 a.m. ET.Stocks advanced Tuesday as the two-year Treasury auction was met with strong demand and the dollar retreated. The Dow Jones industrial average gained 51.01 points to end at 9,829.87. The S&P 500 has risen 58.4 percent since hitting a 12-year closing low on March 9.Among financials, Citigroup (C) shares jumped 5 percent to $4.65 following news that Singapore wealth fund GIC has cut its stake in the U.S. banking company in half.Bank of America (BAC) rose 2.1 percent to $17.61 after Rochdale Securities analyst Richard Bove raised his price target on the stock, citing the bank's strengthened financial condition.But insurer American International Group (AIG) bucked the positive trend, falling 5.4 percent to $45.80 amid speculation it was planning to sell shares in a secondary offering. The stock had climbed as much as 12.4 percent to an intraday high of $54.39 before a late-afternoon reversal.On the technology front, Google Inc (GOOG) was a particular standout, hitting an intraday high of $501.99 -- its highest level since August 2008. Google's stock ended up 0.4 percent at $499.06 on Nasdaq.
