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Sunday, December 4, 2016

New York (AFP) – The Dow and S&P 500 Tuesday closed at fresh all-time highs one day before a U.S. Federal Reserve decision that is expected to maintain aggressive monetary stimulus.

At the closing bell, the Dow rose 114.05 (0.73 percent) to 15,682.98 while the S&P 500 jumped 9.93 (0.56 percent) to 1,772.04.

The gains came on the heels of a trove of largely mediocre economic data that is seen as boosting the chances the Fed Wednesday will maintain its $85 billion per-month bond-buying program.

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