US stocks closed higher midweek as expectations for a rate cut at the Federal Reserve’s December meeting continued to build. The Dow Jones Industrial Average rose 0.67%, or 314.67 points, to close at 47,427.12. The Nasdaq increased 0.82%, or 189.1 points, to 23,214.69, while the S&P 500 added 0.69%»»»

Financial markets priced in roughly an 85% chance the central bank would cut its key Fed funds rate by 25 basis points in December. (FIle pic) NEW YORK: Wall Street extended its rally on Tuesday as revived tech strength and the increasing probability of a December interest rate cut from the US Fede»»»

NEW YORK - Wall Street extended its rally on Nov 26 as revived tech strength and the increasing probability of a December interest rate cut from the US Federal Reserve put investors in a buying mood the day before the Thanksgiving holiday. All three major US stock indexes notched their fourth conse»»»