NEW YORK ( TheStreet) -- The markets rose on stronger-than-expected economic data and were ignoring thoughts of this afternoon's FOMC announcement, Alan Valdes of DME Securities told TheStreet's Debra Borchardt.With solid earnings from MasterCard (MA - Get Report) and with ADP and GDP reports coming in better than expected, markets had a reason to start strong Wednesday. However, that could change after the Federal Reserve's FOMC announcement at 2:00 p.m. EDT, although Valdes doubts that will happen.
Quick Take: Stocks Rally, Ignoring Fed Talk
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