Megan Higgins, manager at Adviser Investments, has the market analysis for Wednesday, January 9. Major U.S. stock indexes rose for the fourth consecutive trading day, with the Dow Jones Industrial Average and S&P 500 each up 0.4% and the NASDAQ advancing 0.9%. The Federal Reserve released minutes from its December meeting, revealing a potential reassessment of the potential interest-rate hike timeline as they continue to monitor global growth and trade. Investors also responded favorably to news from China’s Ministry of Commerce that current negotiations are “extensive, in-depth and detailed.”
