NEW YORK (AP) — U.S. stocks are rising toward more records on Wednesday as Wall Street waits to hear from the Federal Reserve later in the day about what it will do with interest rates.
The S&P 500 added 0.2% in midday trading. The Dow Jones Industrial Average was up 263 points, or 0.6%, as of 11:45 a.m. Eastern time, and the Nasdaq composite was 0.5% higher. All three indexes are coming off their latest all-time high.
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