Stock market news live updates: Stocks nudge higher as rate decision from Fed looms

Stock market news live updates: Stocks nudge higher as rate decision from Fed looms

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U.S. stocks posted modest gains at Wednesday's open as investors face the Federal Reserve’s seventh and final interest rate increase of 2022. The central bank is expected to deliver a half-percentage-point hike at the conclusion of its two-day policy meeting at 2 p.m. ET. The increase is set to…

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