Dow leads stocks higher as oil falls, bitcoin soars

on Nov 16, 2023 01:37:AM

Stocks closed higher on Wednesday, extending Tuesday’s rally sparked by cooler-than-expected inflation data that has investors increasingly confident the Federal Reserve is likely done raising interest rates. The Dow Jones Industrial Average (^DJI) led gains, rising about 0.5%. The benchmark S&P 500 (^GSPC) rose about 0.2% while the Nasdaq Composite (^IXIC) barely finished above the […]