Reported 21 days ago
U.S. stocks rose on Tuesday, with the S&P 500 nearing an all-time high, as investors anticipated a Federal Reserve decision on interest rates. The Dow Jones increased by approximately 0.2%, while the tech-heavy Nasdaq rose by 0.6%. Key retail sales data released before the Fed's meeting indicated stronger-than-expected consumer spending, contributing to the positive market sentiment. As the likelihood of a 0.5% rate cut increases, tech stocks, notably Intel and Microsoft, also saw significant gains.
Source: YAHOO