• U.S. stocks rose, with the Standard & Poor’s 500 - TopicsExpress

• U.S. stocks rose, with the Standard & Poor’s 500 Index rebounding from its worst slump since June, as earnings at companies from Pfizer Inc. to D.R. Horton Inc. topped estimates and consumer confidence increased ahead of a Federal Reserve policy meeting. Dow 15928.6 +90.7 +0.57% Dow Future 15949.0 +73.0 +0.46% • Asian stocks rose, with the regional benchmark index on course for its first gain in five days, after Turkey’s central bank more than doubled interest rates to arrest a currency slide that roiled global markets. Hang Seng 22160.6 +200.0 +0.91% Nikkie 15240.8 +260.7 +1.74% Sgx Nifty 6160.5 +23.5 +0.38% • The Turkish central bank raised its overnight lending rate to 12% from 7.75% and the overnight borrowing rate to 8 percent from 3.5 percent late Tuesday, in a surprisingly strong move to defend the countrys embattled currency. The lira immediately strengthened to 2.2 to the dollar from 2.253 after the decision. • Market is expected to open on positive note however likely to remain range bound thereafter in anticipation of further tapering by Fed by $10mn

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