Stocks Open Higher as Hopes Grow for Fed to Stop Hikes – Stock Market Update
On Tuesday, Wall Street posted modest gains, driven by optimism that the Federal Reserve can stop interest rate increases. The Dow Jones Industrial Average gained nearly 0.3%, the S&P 500 rose about 0.2% and the Nasdaq Composite added about 0.2%. This follows a reversal of Monday’s losses. This positive trend came after dovish comments…