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


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.

This article was originally published by Marketwatch.com. Read the original article here.

Previous articleDow Jones Newswires: India’s central bank takes steps to stem rupee’s slide
Next article: ‘Peak inflation is not here yet’: Rents continue to rise, putting pressure on would-be homebuyers. That’s bad news for the Fed.


Please enter your comment!
Please enter your name here