U.S. stocks end higher Wednesday, gaining ground after minutes of the Federal Reserve's early November policy meeting reinforced expectations that policy makers will shift to smaller rate increases at their December meeting.
The minutes showed that a majority of policy makers thought smaller rate increases would be justified, but also noted uncertainty over how high rates would ultimately need to go to rein in inflation that continues to run hot. The Dow Jones Industrial Average DJIA, +0.28% ended around 97 points higher, up 0.3%, near 34,195, according to preliminary figures, while the S&P 500 SPX, +0.59% rose around 24 points, or 0.6%, to finish near 4,027. The Nasdaq Composite COMP, +0.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Today is Thursday
Today MinutesFed tomorrow extreme Bullish in Asia Market and Nasdaq too! Fomc HangSeng
I'm sure Powell is happy about it
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks open higher as investors watch China, FedU.S. stocks opened higher Tuesday, after falling three of the past four sessions, as investors remain nervous about COVID-19 lockdowns in China and look for...
Source: MarketWatch - 🏆 3. / 97 Read more »
Bitcoin, ether, altcoins, crypto stocks are all buzzing pre-market ahead of Fed minutesCryptocurrencies were up across the board on Wednesday, while crypto-related stocks were buoyed as equities traded higher.
Source: TheBlock__ - 🏆 464. / 53 Read more »
STOCK MARKET NEWS: Fed minutes juice stocks, FTX fallout ongoing, Walmart CEO responds to shootingStock investors wrap a short Thanksgiving trading week, FTX fallout widens, HP joins tech giants cutting jobs and Federal Reserve minutes on the docket as retail sales roll in ahead of Black Friday. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.
Source: FoxBusiness - 🏆 458. / 53 Read more »
U.S. stocks advance as Fed officials favor slower rate hikes, minutes showU.S. stocks advanced to their highest levels of the session on Wednesday after minutes from the Fed’s November policy meeting showed Fed officials seeming to...
Source: MarketWatch - 🏆 3. / 97 Read more »
U.S. stocks open flat as investors await Fed minutesU.S. stocks opened flat on Wednesday as investors awaited the release of minutes from the Federal Reserve’s November policy meeting. The Dow Jones Industrial Average gained 10 points, or less than 0.1%, to 34,108:
Source: MarketWatch - 🏆 3. / 97 Read more »