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US STOCKS-Wall St creeps higher; Fed minutes eyed
U.S. stocks were modestly higher late on Wednesday morning, aiming for a fifth straight day of gains, as investors awaited Federal Reserve minutes of its May meeting that could cement the chances of an interest rate hike next month. U.S. interest rates futures were steady. Fed funds futures implied traders priced in about an 83 percent chance of a rate hike in June, little changed from Tuesday's close.
https://finance.yahoo.com/news/us-stocks-wall-st-creeps-153654247.html?.tsrc=rss
U.S. stocks were modestly higher late on Wednesday morning, aiming for a fifth straight day of gains, as investors awaited Federal Reserve minutes of its May meeting that could cement the chances of an interest rate hike next month. U.S. interest rates futures were steady. Fed funds futures implied traders priced in about an 83 percent chance of a rate hike in June, little changed from Tuesday's close.
https://finance.yahoo.com/news/us-stocks-wall-st-creeps-153654247.html?.tsrc=rss