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Wall Street edges higher ahead of Federal Reserve rate decision, Broadcom jumps 4.4%, Applied Materials surges 8.6% (opens original article in a new tab)

TL;DR

Major US stock indices rose as investors awaited the Federal Reserve's interest rate decision, with semiconductor stocks performing well and retail revenue showing strength.

  • Major US stock indices edged higher ahead of Federal Reserve rate decision
  • Broadcom shares rose 4.4% and Applied Materials surged 8.6%
  • U.S. retailers posted stronger-than-expected revenue growth in May

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