Local stocks made its way out of a three-day losing momentum, also mimicking optimism seen in other major markets as it waits for the results of Federal Open Market Committee (FOMC) meeting.
The FOMC will wrap up a two-day meeting on Thursday with a policy statement that will be closely scrutinized for clues on how quickly the US Federal Reserve will begin to taper its $85-billion-a-month asset-purchases program.
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