Northern Wyoming Daily News - Serving the Big Horn Basin for over 100 years

By ALEX VEIGA
AP Business Writer 

After a stumble, US stocks finish slightly higher

U.S. stocks overcame a brief stumble to close slightly higher Wednesday, snapping a two-day losing streak.

 

February 1, 2018



U.S. stocks overcame a brief stumble to close slightly higher Wednesday, snapping a two-day losing streak.

The dip came after the Federal Reserve released its latest statement on interest rate policy and the economy, in which the central bank signaled that it expects inflation to pick up this year. The Fed, as expected, held off on raising interest rates.

Stocks bounced back in the last hour of trading, with gains by technology companies outweighing losses in health care and other sectors.

The latest batch of strong earnings from big companies, including Boeing, helped put investors back in...



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