Stock futures advanced on Wednesday after the market staged a U-turn in earlier trading, welcoming a Federal Reserve decision to ramp up the pace of its taper and leave interest rates unchanged — for now.
All three major U.S. indexes opened higher ahead of the overnight trading session, driven mostly by tech stocks after clarity from the Fed about their timeline for rate hikes. Contracts on the Dow were up 10 points to 35,936.00, and S&P 500 futures edged higher by 3 points to 4,712.50….
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