(CNBC) -- The S&P 500 rose Wednesday, snapping a three-day decline, as investors awaited more clarity on the Federal Reserve’s fight against inflation.
The Dow Jones Industrial Average gained 106 points, or 0.13%. The S&P 500 climbed 0.42%, and the Nasdaq Composite advanced 0.55%. The Dow and the S&P 500 were higher after three straight sessions of declines.
Consumer discretionary, real estate and communication services were the best-performing sectors in the S&P 500. Meanwhile, utilities, materials and consumer staples were market laggards.
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