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Wall Street edges higher; Fed in focus


By Sruthi Shankar(Reuters) - Wall Street's main indexes posted small gains on Tuesday as bank shares gained in anticipation of an interest rate hike by the Federal Reserve at its two-day policy meeting.A historic summit between President Donald Trump and North Korean leader Kim Jong Un failed to excite investors as their joint statement offered few details on their pledge to denuclearize the Korean peninsula."Markets are skeptical," said Brad McMillan, chief investment officer for Commonwealth Financial in Waltham, Massachusetts. "This is more of a case of 'we'll believe it when we see it', ...

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First Published: Tue, June 12 2018. 20:20 IST