Markets Close Higher Even As Fed May Raise Rates

The markets closed higher even as minutes released from the Federal Reserve's last meeting indicated that inflationary pressures may spark more interest rate hikes. The Dow gained 74 points to 11,168 while Nasdaq rose 14 points to 2,179. S&P 500 gained 10 points to 1,270. The 30-year bond eased as the yield inched up to 5.207%