Market Report - US Close

US close: Stocks edge higher on FOMC minutes, NFP revision

By Benjamin Chiou

Date: Wednesday 21 Aug 2024

(Sharecast News) - US stocks edged higher on Wednesday, after minutes from the most recent Federal Reserve policy meeting and a downward revision to labour-market data cemented expectations for an interest-rate cut in September.
The Dow rose 0.14% to 40,890.49, the S&P 500 gained 0.42% to 5,620.85 while the Nasdaq advanced...

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