NEW YORK (AP) — Stocks ticked higher as traders avoided big moves ahead of a highly anticipated speech about interest rates later this week. The S&P 500 edged up by 0.3% Wednesday in a second day of quiet trading. The Dow and Nasdaq also inched higher. Wall Street is waiting for a speech Friday by the chair of the Federal Reserve, which investors hope will offer clarity about the central bank’s interest rate policy. Treasury yields rose after a report showed orders for long-lasting goods were strong in July, excluding transportation.
Stocks edge higher as Wall Street waits for Fed speech
