Jan 11 (Reuters) - Wall Street's main indexes rose on Wednesday led by gains in rate-sensitive growth stocks as the focus shifts to a key inflation reading due later this week, which would provide more clues on the Federal Reserve's rate hike trajectory. Nearly all major S&P sectoral indexes were t»»»

New York: Major Wall Street indexes ended lower on Thursday, falling for a third straight session as investors reacted to the Federal Reserve's latest aggressive move to rein in inflation by selling growth stocks, including technology companies. The Fed lifted rates by an expected 75 basis points o»»»

The S&P 500's forward price-to-earnings ratio, a common metric for valuing stocks, is at 16.8 times earnings - far below the nearly 22 times forward P/E that stocks commanded at the start of the year. INSIGHTS Read Stock Insights by ET for a quick analysis NSEBSEBoston Education and Software Techno»»»

(Reuters) -- Major Wall Street indexes ended lower on Thursday, falling for a third straight session as investors reacted to the Federal Reserve's latest aggressive move to rein in inflation by selling growth stocks, including technology companies. The Fed lifted rates by an expected 75 basis point»»»