Wall Street climbs ahead of Fed's minutes

2022-11-23 15:35PM UTC

US stock indices rose on Wednesday after a batch of data and ahead of the Federal Reserve's meeting minutes. 


As of 19:00 GMT, the Federal Reserve will release the minutes of the November 1-2 meeting, at which policy makers voted to increase interest rates by 75 basis points for the fourth time in a row to 4%, the highest since December 2007.


US durable goods orders rose 1% in October, beating estimates of 0.4%, and up from 0.3% in the previous reading.



US unemployment claims rose to 240 thousand in the week ending November 19, missing estimates of 225 thousand, and up sharply from the previous reading's 223 thousand. 


As of 15:33 GMT, Dow Jones rose 0.3%, or 115 points to 34,214, while S&P 500 rose 0.6%, or 22 points to 4,026, as NASDAQ shed 1%, or 112 points to 11,286. 

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