Stocks Rise Before Fed Decision

Crude futures rebounded near $57, while Merck, 3M, P&G, and others posted mixed quarterly results. The Fed kicked off its two-day policy meeting

Stocks finished higher Tuesday, as surging oil prices boosted energy shares and the Federal Reserve kicked off its two-day policy meeting. Consumer confidence posted a third straight monthly increase, while earnings reports came in mixed. Some market pros expect the Fed's policy statement Wednesday to take a more hawkish tone on inflation, says Standard & Poor's Equity Research.

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