T + T – Normal size
Wall Street’s main indexes were slightly higher on Tuesday as investors looked for clues on what the Federal Reserve might do next, while commodity stocks got a boost after China unveiled a massive stimulus package..
The Dow Jones Industrial Average rose 50 points, or 0.16 percent, to a high of 42,200 points..
The S&P 500 rose 9.1 points, or 0.16 percent..
The Nasdaq Composite Index rose 72.2 points, or 0.40 percent..
Tuesday’s gains lifted the Dow Jones Industrial Average about 1.5% for the month. The S&P 500 and Nasdaq rose 1.4% and 1.7%, respectively..
Some of the gains come as investors grow hopeful that lower interest rates from the Federal Reserve will boost economic growth and boost profits..
