U.S. stocks edged up Wednesday after the release of Federal Reserve minutes fell short of reaffirming investor expectations that an interest-rate rise was due this year. Investors had come to expect that the Fed would raise interest rates in December, with recent comments from Fed officials bolstering the case. Real-estate stocks in the S&P 500 rose 1.3%, while utility stocks rose 1%. In bonds, the yield on the 10-year U.S. Treasury note rose to 1.778, paring gains after investors found little additional insight into rising rates from the Fed minutes. Energy stocks fell 0.4%.

Source: Wall Street Journal October 12, 2016 07:50 UTC