U.S. Stocks Rise as Focus Turns to Interest Rates: Markets Wrap
- Tech pushes equities higher, markets shrug off NYC attack
- Investors seek central bank guidance with Fed, ECB set to meet
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U.S. stocks finished higher and the S&P 500 Index rose to a record, as investors put off big bets before a series of key central bank meetings this week. Oil climbed to $58 a barrel.
Most major equity gauges advanced, led by more than 1 percent increases in media, telephone and technology hardware shares. Earlier, index futures briefly erased gains after an explosion rocked midtown Manhattan in what authorities have labeled a terrorist attack. Treasuries fell with gold, and the dollar was up slightly.