U.S. Stocks End Higher As Fed Decision Nears

U.S. stocks closed higher for a second straight day, as the Federal Reserve kicked off its two-day meeting. Trading volumes were lower than usual, however, while investors seemed to wary of making big bets before the Fed decision. The S&P 500 closed 17.21 points, or 0.9%, higher at 1,995.30 with energy stocks leading the gains. The Dow Jones Industrial Average added 140.10 points, or 0.8%, to 16,739.95. The Nasdaq Composite ended the day up 28.72 points, or 0.6% at 4,889.24.