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Updated from 4:04 p.m. EST
Stocks ended higher Tuesday after the Federal Reserve made its first public gesture toward ending the current cycle of interest rate hikes.
The Dow Jones Industrial Average rose 55.95 points, or 0.52%, to 10,823.72, having been essentially flat prior to the Fed meeting. The S&P 500 rose 7 points, 0.56%, to 1267.43, and the Nasdaq Composite gained 4.05 points, or 0.18%, to 2265.
"The market reacted positively to the change in the Fed statement today," said Peter Cardillo, chief market analyst with SW Bach & Co. "The debate now is where the Fed will stop. Tomorrow we can get back to focusing on economic data and oil prices." ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.12 |
Oil *
77.12
|
|
DOWN
154.48
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DOWN
19.14
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DOWN
37.61
|
DOWN
0.67
|
10 Yr
3.21%
SPDR Gold
115.06
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|
-1.48%
|
-1.72%
|
-1.73%
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-2.04%
|
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