Stocks Edge Higher as Wall Street Waits for Fed Speech

Traders work on the floor of the New York Stock Exchange during afternoon trading in New York on Aug. 22, 2022. Michael M. Santiago/Getty Images

NEW YORK—Stocks ticked higher Wednesday as Wall Street waits for a highly anticipated speech about interest rates at the end of the week.

The S&P 500 edged up 12.04 points, or 0.3 percent, to 4,140.77, as traders overall again held off on making big moves. The Dow Jones Industrial Average added 59.64, or 0.2 percent, to 32,969.23, and the Nasdaq composite rose 50.23, or 0.4 percent, to 12,431.53.