Wall Street barreled higher Tuesday in the final minutes before a widely expected rate cut by the Federal Reserve, with investors also optimistic about better-than-expected results from Lehman Brothers and Goldman Sachs. The Dow Jones industrial average surged 300 points.
Investors, while they've seen a number of huge advances amid the market's recent volatility, appeared considerably more upbeat than in the past few days. They're confident that when the Fed's meeting lets out at 2:15 p.m. EDT, it will reduce the target federal funds rate by a full point, bringing the rate to 2 percent.
The central bank has shown it is trying everything in its power to revive …
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