The New York Entrepreneur

U.S. stocks climb for third session as Fed hints at another aggressive rate hike

Read Time:34 Second

U.S. stocks closed higher on Wednesday, with the S&P 500 and Nasdaq Composite clinching a third day of gains, after minutes from the Federal Reserve’s latest meeting hinted at another aggressive rate hike from the central bank later this month. The Dow Jones Industrial Average closed 69.40 points, or 0.2%, higher at 31,037.22. The S&P 500 finished 13.72 points, or 0.4%, higher at 3,845.11. The Nasdaq Composite climbed 39.61 points, or 0.4%, to 11,361.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

About Post Author

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %
Previous post GameStop stock rallies after retailer’s board OKs 4-for-1 stock split
Next post U.S. oil futures settle in a bear market