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Nasdaq Leads U.S. Stocks Higher as Investors Await Fed Decision

Nasdaq Leads U.S. Stocks Higher as Investors Await Fed Decision

Photo: TokenPost

U.S. stocks closed higher Tuesday, led by a 1.2% gain in the Nasdaq Composite, as investors awaited Wednesday’s Federal Reserve decision and a slate of major technology earnings. The Nasdaq finished at 26,477.81 at the 4 p.m. ET (20:00 UTC) close. The S&P 500 rose 45.83 points, or 0.6%, to 7,722.60, while the Dow Jones Industrial Average gained 15.99 points, less than 0.1%, to 52,377.57. The S&P 500 advanced despite declines in most of its stocks, with influential AI-related shares providing support. The Federal Open Market Committee (FOMC) is scheduled to announce its decision at 2 p.m.

Source: TokenPost

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