US STOCKS-Market higher before Fed's rate decision


(Updates to afternoon) NEW YORK, April 30 (Reuters) - U.S. stocks were broadly higher on Wednesday shortly before the release of the Federal Reserve's latest decision on interest rates. The advance was due to stronger-than-expected quarterly results from blue-chip companies General Motors Corp and Procter & Gamble as well as economic data that eased recession fears. The Fed is widely expected to lower its benchmark fed funds rate by a quarter-percentage point to 2 percent. In the ...

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