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Wall Street Sees Moderate Strength Ahead Of Interest Rate Announcement

Stocks saw some strength during trading on Tuesday, although buying interest was somewhat subdued ahead of the Federal Reserve’s interest rate announcement. The major averages all closed moderately higher after ending the previous session mixed. With the moderate gains, the Nasdaq ended the session at its best closing level in almost a year, while the Dow and the S&P 500 once again reached new eleven-month closing highs.

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