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Telerate

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Stocks close higher

U.S. shares rose, helping the Nasdaq snap an 8-day losing streak, as brokerage upgrades of bellwether companies such as Boeing and Intel outweighed worries about inflation. Full Article

Fed officials won't raise rates too fast 5:02pm ET

CORPUS CHRISTI, Texas (Reuters) - Federal Reserve officials said on Wednesday they wanted to avoid undermining growth by raising interest rates too fast, a clear hint that a half-percentage-point hike was not on the table for June. Full Article

slipped 2.1 percent after the closing bell on Wednesday after the maker of microturbine generators posted a wider quarterly net loss. For details, see

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