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The Dow Jones Industrial Average rose 0.98 per cent to 52,573.29 points.
Bets increased that the Federal Reserve will hike by a quarter percentage point after data showed consumer inflation picked up in August.
Bets increased that the Federal Reserve will hike by a quarter percentage point after data showed consumer inflation picked up in August.
Japan’s Government Pension Investment Fund could sell as much as $62 billion of US Treasuries without a formal revamp of its asset-allocation policy, according to analysts at Banco Santander SA.
U.S. stocks snapped a four-session losing streak as an interruption to the torrid run in oil prices offset a reading of higher consumer inflation.
Bill Dudley, a Bloomberg Opinion columnist and former president of the Federal Reserve Bank of New York, says he would be shocked if the Federal Reserve did not raise interest rates by 25 basis points…
