US Markets Update by Epic Research

US stocks edged higher in volatile trading on Wednesday after the US Federal Reserve renewed its pledge to keep interest rates near zero for a “considerable time” and repeated concerns over slack in the labor market, standing firm against calls to overhaul its policy statement.



The Dow Jones industrial average rose 24.88 points, or 0.15 percent, to 17,156.85, the S&P 500 gained 2.59 points, or 0.13 percent, to 2,001.57 and the Nasdaq Composite was added 9.43 points, or 0.21 percent, to 4,562.19.



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Posted in: Indian Market Tips