Markets Modestly Higher At Midday

Investors lifted the markets modestly higher during the midday on the expectation that the Federal Reserve will hold interest rates steady. The Dow rose 12 points to 13,440 while Nasdaq gained 10 points to 2616. S&P 500 added 4 points to 1211. The 30-year bond eased as the yield edged up to 5.192%.