US Stocks Rise Ahead of Fed Rate Decision
Wall Street advanced on Tuesday driven by a technology sector rally and lower oil prices. Attention now turns to the Federal Reserve policy decision on Wednesday as traders anticipate interest rates will remain on hold.
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United States equities rose during Tuesday's trading session, led by a 1.2% gain in the Nasdaq and a 3.6% jump in the SOX chip index. The tech-led advance came as lower oil prices and a steady bond market offered support. Investors are now turning their attention to the upcoming FOMC policy decision.
