Wall Street stocks close slightly higher after Fed minutes



The S&P 500 and the Dow Jones industrial average indexes ended Wednesday's session with small gains as expectations for timing on a rate hike were largely unchanged after U.S. Federal Reserve minutes and investors waited on earnings reports.
Several voting policymakers judged a rate hike would be warranted "relatively soon" if the U.S. economy continued to strengthen, according to minutes from the September policy meeting released Wednesday afternoon.
While keeping rates low has risks, the Fed decided it was more risky to raise rates when they are concerned we might be seeing... read more

 
12 October 2016 in World News, Views: 38
Source: Reuters
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