1/31, 7:57 PM (Source: TeleTrader)
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Dow up by 200 pts ahead of interest rate decision

Major stock market indexes in the United States extended their gains on Tuesday in anticipation of the Federal Reserve's newest decision concerning interest rates. Investors also took into consideration earnings reports released throughout the day, with Advanced Micro Devices Inc. (AMD), Snap Inc., Mondelez International Inc., and Amgen Inc. scheduled for later.

The Dow Jones Industrial Average rose by 0.63% or 212 points at 1:56 pm ET. At the same time, the Nasdaq 100 advanced by 1.11% or 132 points. The S&P 500 grew by 0.92%.

The euro went up by 0.24% against the dollar to sell for $1.08720 at 1:57 pm CET.

Baha Breaking News (BBN) / JR