US Stocks Close Mostly Higher as Fed Hints Rate Hike is Approaching

Posted on: October 12th, 2016 by ABC News No Comments

iStock/Thinkstock(NEW YORK) — Wall Street closed mostly higher Wednesday after the Federal Reserve’s latest policy meeting hinted a rate hike in December.

The Dow added 15.54 (+0.09 percent) to finish at 18,144.20.

The Nasdaq fell 7.77 (-0.15 percent) to close at 5,239.02, while the S&P 500 finished at 2,139.18, up 2.45 (+0.11 percent) from its open.

Crude oil climbed slid over 1 percent with prices hitting jsut over $50 a barrel.

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