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Wall Street climbs on Fed statements

Economies.com
2022-11-22 15:45PM UTC

US stock indices rose on Tuesday as markets analyse a batch of statements from Fed officials. 

 

Fed Cleveland President Loretta Mister said she could support a decision to slow down the pace of rate hikes in December. 

 

It comes after the Fed raised interest rates for the fourth time in a row by 75 basis points in November. 

 

Dow Jones rose 0.8%, or 264 points to 33,959 as of 15:41 GMT, while S&P 500 rose 0.6%, or 24 points to 3,974, as NASDAQ rose 0.2%, or 26 points to 11,051. 

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