Stocks end higher on growing hopes Fed will stay accommodative


The Dow Jones Industrial Average rose 2.27 points, or 0.01%, to 27,995.6, the S&P 500 gained 17.66 points, or 0.52%, to 3,401.2 and the Nasdaq Composite added 133.67 points, or 1.21%, to 11,190.32. (File pic shows Wall Street's iconic fearless girl.)

But the market was off its session highs as Apple Inc's shares erased most of their gains from early in the day. The stock ended flat after briefly turning lower in the wake of its product event, which included the rollout of a new virtual fitness service and a bundle of all its subscriptions, Apple One.

Apple's stock, which was up as much as about 3% early in the session and rose 3% on Monday, often dips after running up prior to that event.

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stocks , US Fed , coronavirus , S&P , Dow Jones , data ,

   

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