NEW YORK Wall Street rose on Tuesday after unexpectedly cheery data out of Europe and as the Federal Reserve was set to kick off a two-day policy meeting.
The Dow Jones industrial average was up 50.99 points, or 0.39 percent, at 13,220.87. The Standard & Poor's 500 Index .SPX was up 5.64 points, or 0.40 percent, at 1,424.19. The Nasdaq Composite Index was up 18.42 points, or 0.62 percent, at 3,005.38.
(Reporting By Angela Moon; Editing by Kenneth Barry)
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India has waived retrospective imposition of a minimum alternative tax (MAT) affecting foreign funds, the Finance Minister said on Tuesday, a move that could resolve a dispute that had shaken investor confidence. Full Article