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The Closing Bell: U.S. Stocks Extend Gains After Fed Minutes
FYI: U.S. stocks edged higher Wednesday, boosted by optimism over trade talks and signs that the Federal Reserve will stay flexible with its interest-rate increases.
The Dow Jones Industrial Average was recently 90 points, or 0.38%, at 23,878 while the S&P 500 also added 0.41%. A fourth consecutive climb for the benchmarks would be the first time since Sept. 14 they have both risen that many sessions in a row. They entered the day up more than 9% from their Dec. 24 lows but still off more than 11% from their 2017 records.
The tech-heavy Nasdaq Composite climbed 87.%.
Major indexes had briefly dipped alongside oil prices and Treasury yields in midmorning trading before stabilizing.
Seven of the eleven S&P 5000 Sectors led by Energy, and Tehnology have positives numbers for the day. Regards, Ted
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⇒ This post had few views and no comments. It has been artificially "bumped" into the COMMENTS + CATEGORY by the poster himself, without legitimate qualifying comments.
He has deliberately done this with the "b" comment so as to force it to your attention.