Wall Street closes higher ahead of Fed meeting: S&P 500 up 0.6%, Nasdaq 1.1%
Wall Street closed higher on Tuesday, driven by optimism around artificial intelligence and a nearly $2 drop in oil prices. The S&P 500 rose about 0.6% and the Nasdaq more than 1.1%, while the Dow Jones ended roughly flat. Broadcom gained 4% after a $63 billion financing from a bank consortium for chips destined for Anthropic, and Oracle rose almost 5%. Investors await the Federal Reserve's decision on Wednesday.
In 35 seconds
- S&P 500 rose about 0.6% and Nasdaq more than 1.1%; the Dow Jones ended nearly flat
- Broadcom gained 4% after a $63 billion financing from a bank consortium for chips destined for Anthropic
- Oracle rose almost 5% after integrating OpenAI tools into its applications and adding Google, Cerebras and OpenAI processors to its cloud
IASummary generated by artificial intelligence from a story by XTB.com. It may contain errors: the original source prevails.




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