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US stocks hold higher after release of Fed's Beige Book; energy rises 2%

October 19, 2016 6:04 PM
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US stocks hold higher after release of Fed's Beige Book; energy rises 2%

Elsewhere in the economic calendar, Dallas Fed President Robert Kaplan and New York Fed President William Dudley are both scheduled to speak Wednesday. San Francisco Fed President John Williams also spoke Wednesday, but did not comment on monetary policy.

Meanwhile, earnings season carried on Wednesday, with eight of the 13 S&P components that posted results this morning beating Wall Street estimates, according to Nick Raich, CEO of The Earnings Scout.

Also read: Starbucks Without Schultz As CEO: Sell, Hold Or Buy The Stock?

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