Stock market today: Wall Street rallies toward its best week of 2023 on hopes for halt to rate hikes

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Wall Street is piling more gains onto its rally from the day before on hopes the Federal Reserve may finally be done with its market-crunching hikes to interest rates.

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Stock market today: Wall Street rallies on hopes that the Fed’s rate hikes are doneNEW YORK (AP) — U.S. stocks rallied after the Federal Reserve indicated it may not need to pump the brakes any harder on Wall Street and the economy. The S&P 500 rose 1.1% Wednesday. The Dow gained 221 points, and the Nasdaq composite jumped 1.
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Stock market today: Wall Street drifts in early trading ahead of Fed announcement on ratesNEW YORK (AP) — Stocks are drifting as Wall Street waits to hear what will come out of the Federal Reserve’s latest announcement on interest rates. The S&P 500 was up 0.
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