Stocks posted slight gains as investors digested the latest Federal Reserve outlook on monetary policy.
for the central bank to change that position. Bottom line, the Fed will keep rates low for an extended period of time. In theory, this should be stimulative for stocks and bond prices. The market's attention now turns back to U.S.-China trade relations as a Sunday deadline quickly approaches.
United Technologies and Johnson & Johnson were among the best-performing Dow stocks, rising 1.31% and 0.71%, respectively. Home Depot, meanwhile, slid 1.81% after issuingAdobe, Broadcom and Oracle are among the tech companies set to report earnings on Thursday. Investors will also keep an eye on weekly jobless claims data and an election in the U.K. Read more
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