Wall Street closes on positive note; S&P 500 gains 3.91%

Epic Research Update : US Markets


The dollar fell on Tuesday after weaker-than-expected U.S. economic data boosted expectations the Federal Reserve would hold interest rates lower for longer, while US Treasury yields touched five-week highs as traders made room for government debt supply ahead of the central bank’s policy statement.
The Dow Jones industrial average rose 13.08 points, or 0.07 percent, to 17,990.32, the S&P 500 gained 3.91 points, or 0.19 percent, to 2,091.7 and the Nasdaq Composite dropped 7.48 points, or 0.15 percent, to 4,888.31.

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