Wednesday, December 14, 2022

Stocks inch higher with Fed decision on tap, Delta shares jump

  • Stocks inch higher with Fed decision on tap, Delta shares jump

    U.S. stocks posted modest gains ahead of the Federal Reserve's expected rate hike due at 2pm ET, the seventh straight increase and the final of 2022. In corporate news, Delta says demand is rebounding and expects profits to nearly double next year. In commodities, oil rose nearly 2% to $76 per barrel.

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