S&P 500, Nasdaq step higher as focus turns to Fed’s rate path

News Snapshot:

US stocks largely pushed higher on Tuesday to begin a holiday-shortened week of trading, with potential policy moves by the Federal Reserve and President Donald Trump in focus. The Dow Jones Industrial Average (^DJI) was down about 0.2% , while the S&P 500 (^GSPC) added more than 0.1%, to trade near an all-time high. The tech-heavy Nasdaq Composite (^IXIC) rose nearly 0.3%. Stocks on Wall Street are cautiously upbeat after Monday's closure for Presidents Day as investors debate the future path of interest rates. Fed officials over the long weekend signaled a firm belief that rates should stay at current...