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.