Wall Street’s main indexes ended Tuesday’s session with gains as investors looked ahead to the Federal Reserve’s monetary policy update while they digested a mixed batch of earnings reports.
The Fed kicked off a two-day monetary policy meeting. The central bank is widely expected to hold interest rates steady on Wednesday, and investors will monitor its statement and Fed Chair Jerome Powell’s comments for clues about its plans.
Optimism that the Fed would pause rate hikes was offset by reactions to disappointing earnings reports and jitters over geopolitics.
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