Wall Street advances as experts expect modest taper

FXstreet.com (San Francisco) - Wall Street advanced on Tuesday the day before the FOMC meeting as investors are expecting a modest 10-15Bn taper in the Fed's bond buying program. The Dow and the S&P 500 rose for third day and the Nasdaq finished at 13-year high.

The Dow Jones rose 34.95 points or 0.23% to finish the day at 15,529.73. The S&P 500 performed its 10 positive day in the last 11 with 7.16 pts or 0.42% daily gains to 1,704.76. The Nasdaq Composite added 27.85 pts or 0.75% to close at 13-year highs at 3,745.70.