US stocks stay supported ahead of Fed meeting

The US stocks stayed supported on Tuesday as markets eyed a moderation in crude oil prices though overall mood was cautious ahead of the US monetary policy meeting outcome on Wednesday. The S&P 500 rose on enthusiasm surrounding chipmakers. The index rose 0.6% to end at 7,722.60, while the Dow Jones Industrial Average added 15.99 points, or 0.03%, to close at 52,377.57. The Nasdaq Composite gained 1.18% to settle at 26,477.81

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