S&P 500, Dow tick higher ahead of Fed minutes

By Shivani Kumaresan and Medha Singh (Reuters) – The S&P 500 and the Dow ticked higher on Wednesday, with financial stocks leading gains ahead of minutes from the Federal Reserve’s last meeting that could offer clues on the central bank’s views on inflation and an economic recovery. Amazon.com Inc, Microsoft Corp and Facebook Inc were among the top boosts to the benchmark S&P 500. Massive fiscal stimulus and swift vaccinations prompted several Fed officials at the meeting last month to project interest rate increases as early as next year, opening up a gap with those who do not see rates risin…

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