Investing.com - U.S. stocks higher Thursday as the latest FOMC minutes signaled the Fed is in no hurry to tighten further down the road.
The DJI was up 0.37% at 10:45 ET at over 21,000, adding to overnight gains.
The S&P 500 added 0.40% as it extended record closing highs overnight.
The tech-heavy Nasdaq composite also hit fresh records and was up 0.56%.
The Fed left expectations of a June hike intact but appeared dovish on the pace of future tightening.
The current odds of a 25 basis point hike in June currently stand at over 77%.
The dollar index edged above 97 after the Fed minutes.
Oil retreated after early gains as the Saudi energy minister said he sees no immediate need to deepen the output cuts by major producers.
An OPEC-led meeting in Vienna is expected to officially announce an extension of the cuts to March of next year.
Initial jobless claims rose less than forecast in the latest week.
(NASDAQ:Sears) soared 31.99% to $9.86 as first-quarter earnings sailed well past estimates.