Stocks Ended Higher, Led by Energy, Financials

U.S. stocks rallied broadly on Tuesday, led by energy and financial shares ahead of Wednesday’s interest rate decision from the Federal Reserve. At close, the Dow Jones Industrial Average added 156.41 points, or 0.90%, to 17,524.91. The S&P 500 gained 21.47 points, or 1.06%, to 2,043.41. The Nasdaq Composite rose 43.13 points, or 0.87%, to 4,995.36.

Underlying U.S. inflation pressures rose in November, which could give the Federal Reserve more confidence to raise interest rates on Wednesday, even as renewed weakness in gasoline prices kept overall consumer prices in check.

Solar proponents have been rallying to block changes to rooftop solar costs. On Tuesday, state regulators proposed new fees for solar customers

Valeant Pharmaceuticals International has agreed to distribute many of its drugs through Walgreens stores in a new way and, in some cases, for lower prices, the companies announced on Tuesday.

About the Author

has written 15170 stories on this site.

Write a Comment

Gravatars are small images that can show your personality. You can get your gravatar for free today!

You must be logged in to post a comment.

Copyright © 2012 Nine Stocks