Wall Street edges up after recent losses, mixed data
Investors are weighing data to try to guess how soon the Federal Reserve might raise interest rates. Boston Fed President Eric Rosengren said with little evidence of a rebound, the Fed is in no position to start raising interest rates for the first time since 2006. "The risk is that the Fed raises interest rates into a slowing economy." Eight of the 10 major S&P indexes were higher, with health, industrials and technology among sectors with the most gains.
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