U.S. stock Indexes ended higher for the second day

Day 2 of higher close for the indexes after FOMC minutes showed the Fed is to slow the pace for interest rate hikes "soon be appropriate”.

• The Dow Jones Industrial Average (DJIA)  rose 95.96 points, or 0.3%, to finish at 34,194.06
• The S&P 500 (SPX) gained 23.68 points, or 0.6%, ending at 4,027.26
• The Nasdaq Composite (COMP) advanced 110.91 points, or 1%, to end at 11,285.32

What happened

• FOMC officials were still unsure how much further the benchmark rate will go up. 
• Market analysts don’t see the minutes giving any new information on the policy debate.
  
• It mostly echoes comments from Fed officials since the last meeting and is consistent market forecast for a 50 basis point rate hike in December.
  
• Despite Wednesday’s economic data suggesting U.S. economic growth is slowing, investor sentiment looks to be improving.
  

The Federal Reserve meets next on Dec. 13 and 14. Traders widely expect a 50-basis-point hike at the next meeting, according to CME Group’s FedWatch Tool.