NEW YORK (Reuters) - U.S. stocks mostly edged higher on Thursday, as a strong read on third-quarter economic growth raised new questions about monetary policy, while results at Visa single-handedly put the Dow in solidly higher territory.
The U.S. dollar is showing its resilience on Thursday, holding on to a three-week high against a basket of currencies after the Federal Reserve caught the market off-guard with a definite hawkish tone in its policy statement yesterday.
Mortgage rates rose this week from their lowest point in 2014, but lenders still offered a 30-year fixed loan below 4%, according to Freddie Mac's weekly survey.
WASHINGTON�The number of new claims for jobless benefits rose last week but remained at historically low levels, supporting other signals of an improving labor market.
Visa shares are on the rise in Wednesday's after-hours trading session; the company posted fourth quarter fiscal 2014 earnings results that beat both top and bottom line forecasts.