MSCI's gauge of stocks across the globe .MIWD00000PUS gained 0.70% at 4:15 p.m. EDT (2015 GMT), and Europe's STOXX 600 .STOXX rose 0.63%. .The Dow Jones Industrial Average .DJI rose 191.66 points, or 0.6%, to 32,120.28, the S&P 500 .SPX gained 37.25 points, or 0.95%, to 3,978.73 and the Nasdaq Composite .IXIC added 170.29 points, or 1.51%, to 11,434.74.
NEW YORK: Global shares rose on Wednesday after notes from the U.S. Federal Reserve's early May meeting showed a strong likelihood that the world's most powerful central bank will approve two more half-percentage-point rate hikes in coming months.
Wall Street ended higher as investors were heartened by the fact that policymakers at the Fed unanimously felt the U.S. economy was very strong as they grappled with reining in inflation without triggering a recession.
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