U.S. stocks end higher as Dow industrials log 12th straight day of gains ahead of Fed’s interest-rate decisions

U.S. stock indexes finished higher on Tuesday with the Dow Jones Industrial Average extending its winning streak to a 12th session while hitting its highest close since February 2022. Investors awaited the Federal Reserve’s policy decision on Wednesday and will assess Chair Jerome Powell’s comments for forward guidance on further interest-rate moves. The central bank is expected to raise the benchmark interest rates by 25 basis points to a range of 5.25%-5.

5%, resuming its campaign to raise borrowing costs and curb inflation after a brief pause in June. The Dow industrials DJIA, +0.08% gained 27 points, or less than 0.1%, to end at 35,438. The S&P 500 SPX, +0.28% rose 0.3%, while the Nasdaq Composite COMP, +0.61% advanced 0.6%. Earnings season remains in full swing, with major tech names Alphabet GOOGL, +0.56% and Microsoft MSFT, +1.70% set to report after the close on Tuesday, followed by Meta Platforms META, +0.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dow strives for 12th day of gains as Microsoft and Alphabet earnings loomU.S. stock futures rose early Tuesday as earnings season picked up pace and traders looked ahead to the Fed decision midweek.
Source: MarketWatch - 🏆 3. / 97 Read more »

Stock market outlook: 100-year-old Dow Theory buy signal just flashedA more than 100-year-old buy signal just flashed in the stock market
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stock market news today: Dow Jones notches 11th straight winDow notches 11th straight win as traders look to big tech earnings, Fed meeting
Source: BusinessInsider - 🏆 729. / 51 Read more »

Dow stock edges higher after earnings fall sharply but still beat estimatesDow Inc.’s stock was slightly higher premarket after the chemicals company posted a big decline in second-quarter earnings but still topped consensus...
Source: MarketWatch - 🏆 3. / 97 Read more »