MACRO
· Dizzying pre-Fed day ends with gains for stocks
Stocks faced another volatile session, with traders awaiting more clues on whether the Federal Reserve will be able to pull off a soft landing that brings down inflation without triggering a recession.
After several twists and turns, the $S&P 500 Index (.SPX.US)$ closed higher, led by gains in economically sensitive shares like commodity producers and banks. Small caps also climbe...