Stock market news today: Stocks edge higher as investors cling to Fed rate excitement

News Snapshot:

Stocks on Wall Street reclaimed positive territory Tuesday morning amid the year's best rally as investors were lifted by renewed confidence in the Federal Reserve ending its rate hiking campaign this year. The tech-heavy Nasdaq Composite (^IXIC) ticked up by about 0.8%, continuing on a win-streak path, while the benchmark S&P 500 (^GSPC) edged up by 0.3%. The Dow Jones Industrial Average (^DJI) increased by 0.2% or roughly 80 points. Signs of a weaker US economy suggested to the market that the Fed could ease up on its tightening campaign. But investors were reassessing those hopes after Minneapolis Fed president...