Stocks are closing lower on Wall Street ahead of an expected interest rate hike by the Federal Reserve. Stocks trimmed some losses in late trading after the Dow Jones Industrial Average had tumbled 500 points earlier in the session. Fed policymakers are expected to announce a three-quarters percent rate hike as they wrap up a […]

The Dow Jones Industrial Average is chalking up a single-day record with a more than one-thousand point gain. A post-Christmas rally on Wall Street sent the Dow soaring nearly five percent, or 1,086 points, to 22-878. The Nasdaq gained nearly six percent, or 361 points, to 65-54. The S&P 500 gained 117 points to 24-68. […]