US STOCKS-S&P 500, Dow tick higher ahead of Fed minutes – Investing.com India

SourceInvesting.com
SectorFinancial Markets
CountryMiddle east

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.)* Shares of energy firms, cruise operators rise* Prison operator GEO tumbles on dividend suspension* Fed minutes to be release at 2 p.m. ET* Indexes: Dow up 0.2%, S&P rises 0.1%, down 0.1% (Updates to market open)By Shivani Kumaresan and Medha SinghApril 7 (Reuters) - The S&P 500 and the Dow ticked higher on Wednesday, with financial stocks leading gains ahead of minutes from the Federal Reserve's last meeting that could offer clues on the central bank's views on inflation and an economic recovery.Amazon.com Inc , Microsoft Corp and Facebook Inc were among the top boosts to the benchmark S&P 500.Massive fiscal stimulus and swift vaccinations prompted several Fed officials at the meeting last month to project interest rate increases as early as next year, opening up a gap with those who do not see rates rising until 2024 at the earliest. only thing that could move markets would be a surprise in the minutes regarding the discussion of raising rates," said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago."At ...read more...