Here is a recap of the top news items from this week on Wall Street:

1. The Federal Reserve’s new monetary stimulus measure, or QE2, will be unveiled next week according to reports from the Wall Street Journal. The Fed is expected to announced a program of U.S. Treasury bond purchases worth a few hundred billion dollars over several months. This will be different from the nearly $2 trillion program during the financial crisis. The announcement is expected upon the conclusion of a two-day meeting next Wednesday.

2. On the earnings front, the following big-name companies reported this week: Microsoft (Nasdaq: