US stocks rise as investors digest Fed minutes showing tapering on track for November

• US stocks closed mixed as investors digested Fed meeting minutes showing tapering asset purchases is on track to begin in November.
• CPI rose 0.4% in September, exceeding the median forecast of a 0.3% gain.
• Oil prices slipped while gold rose.

US stocks ended higher on Wednesday as investors digested $4 from the Federal Open Market Committee's meeting in September, which showed central bank officials broadly agreeing to begin tapering assets as soon as November, scaling back pandemic-era support for the economy.

"Participants generally assessed that, provided that the economic recovery remained broadly on track, a gradual tapering process that concluded around the middle of next year would likely be appropriate," $4 from the September 21-22 meeting said.

The tech-heavy Nasdaq outpaced the S&P 500 and the Dow, led by mega-cap tech companies such as $4 and $4 as the yield on the 10-year Treasury slipped to 1.545%.

Here's where US indexes stood at the 4:00 p.m. ET close on Wednesday:

• S&P 500>$4: 4,363.80, up 0.3%
• Dow Jones Industrial Average>$4: 34,377.81, down 0.01% (0.53 points)
• Nasdaq Composite>$4: 14,571.64, up 0.73%

The minutes released were a confirmation on Fed plans but conveyed nothing unexpected, said Lawrence Gillum, fixed income strategist for LPL Financial, in a note.

"There wasn't much new information to move markets," he said. "The tapering process could start in either mid-November or mid-December-we still think November but one month isn't going to matter to markets at this point. There was some interesting discussion on lift-off though and it looks like the Committee remains divided."

The Consumer Price Index - a commonly used measure of US inflation - $4 in September, exceeding the median forecast of a 0.3% gain from economists surveyed by Bloomberg. The print shows price growth unexpectedly picking up from the 0.3% jump seen through August.

$4 $4 in two days after meme stock fans cheered the headphone-maker's patent victory over Apple. Another occasional meme stock, $4 $4 after the hydrogen fuel-cell developer said it inked partnerships with Airbus and $4.

In cryptocurrencies, Bank of England Deputy Governor Jon Cunliffe said a $4 is "plausible," and regulatory action is urgently needed.

Meanwhile, the $4 as the world's biggest bitcoin miner, accounting for a third of the global hash rate after Beijing banned all cryptocurrency transactions, data from the $4 published on Wednesday showed.

Oil prices slipped. $4 slipped 0.14% to $80.53 per barrel. $4, the international benchmark, turned lower, down 0.19% to $83.26.

Russian President Vladimir Putin told $4 the $4 as global energy demand for the commodity skyrockets while supply continues to remain tight.

$4 rose 0.89% to $1,776.08 per ounce.