Wall Street climbs ahead of Fed's minutes
2017-01-04 16:12:40 GMT (Economies.com)
Wall Street climbs ahead of Fed's minutes

U.S. stock indices rose on Wednesday ahead of the Federal Reserve's meeting minutes later today, with banking shares leading the charge.
 
The Fed raised interest rates in its last meeting for the first time in a year, so investors are paying a particular interest into the minutes of that meeting, which could confirm the bank's intention to hike rates three more times in 2017.
 
On the other hand, Wall Street was still buoyed by upbeat U.S. manufacturing data yesterday, specially as markets look forward to U.S. president Donald Trump's stimulus program.
 
On the other hand, the dollar fell against major currencies today before the Federal Reserve's meeting minutes, which buoyed shares of American exporters.
 
Standard and Poor's 500 rose 0.42%, or 9.40 points to 2,267.23, while Dow Jones climbed 0.08%, or 15.22 points to 19,896.98.
 
Tech-heavy NASDAQ advanced 0.45%, or 24.55 points to 5,453.63.

 
 
 
 SymbolLastChangeChg.%
1.0516
-0.00
-0.18
1.2461
-0.00
-0.04
17.98
0.02
0.09
53.63
-0.61
-1.12
1236.42
0.47
0.04
USD to Arab Currencies
Yemen249.9000
UAE3.6722
Tunisia2.2988
Syria514.9800
Sudan6.3997
Saudi Arabia3.7493
Qatar3.6408
Oman0.3847
Morocco10.1311
Libya1.4274
Lebanon1507.5000
Kuwait0.3047
Jordan0.7083
Iraq1181.0000
Egypt15.7400
Bahrain0.3767
Algeria110.1190