Investors bet on a fresh round of stimulus

WALL Street fared better in Tuesday’s trade as the clock ticks down to the much-anticipated US Federal Reserve meeting, with investors pinning their hopes on the possibility of another round of stimulus.

After beginning the week on a relatively sluggish note, the Dow Jones Industrial Average managed a 0.5% gain to close at 13,323.36 points, while the S&P 500 firmed a marginal 1433.56 points.