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Stocks steady after Trump-Kim summit, investors eye Fed

Reuters  |  NEW YORK 

By Nick BrownNEW YORK (Reuters) - Wall Street made modest gains on Tuesday while the U.S. dollar rose slightly against a basket of major currencies, with only muted impact from the long-awaited U.S.-North Korea summit aimed at denuclearising the Korean peninsula.Investors were more focused on the start of a two-day policy meeting of the Federal Reserve, looking for hints as to whether the U.S. central bank would move to raise rates three or four times this year."I don't think (the Fed) is going to say anything particularly related to a rate hike in December," said Robert Pavlik, chief ...

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First Published: Wed, June 13 2018. 02:33 IST
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