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The New Daily
The New Daily
World
Sinead Carew

Wall St climbs, Federal Reserve meeting in focus

Strong earnings reports have buoyed Wall St despite Amazon's warnings of a slowdown.

US stock indexes advanced after strong earnings updates from Exxon and Intel offset worries over Amazon’s slowdown warning, while economic data reinforced expectations that the Federal Reserve would hike interest rates next week.

Exxon Mobil Corp shares rose to all-time high on Friday as the oil company reported a record first-quarter profit on rising oil and gas output, also boosting the S&P energy index.

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