• Stocks tick higher as Fed minutes lay out taper plan

  It was another choppy trading session as stocks bounced between losses and gains ending in the green after the Federal Reserve signaled a tapering timeline in the latest meeting minutes and as consumer prices surged to a 13 year high. Utilities and materials notched gains, as financials slipped with JPMorgan down 2.6% after cautious comments on loan demand. In commodities, oil closed at $80.44 per barrel.

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