Wall Street ends higher, dollar down after Fed minutes

Wall Street stocks rose on Wednesday as the minutes from the Federal Reserve’s September policy meeting merely confirmed expectations that interest rates would rise, while the euro gained on the dollar after Catalonia held off on moving to independence.

The Dow Jones Industrial Average rose 42.21 points, or 0.18 percent, to 22,872.89, the S&P 500 gained 4.6 points, or 0.18 percent, to 2,555.24, and the Nasdaq Composite added 16.30 points, or 0.25 percent, to 6,603.55.

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Posted in: Indian Market Tips