US Stocks Rise on Oil Relief, Post Weekly Losses as Fed Looms

US equities closed higher on the day, buoyed by easing oil prices, but recorded weekly declines (Dow -1.57%, S&P 500 -0.79%, Nasdaq -0.65%) as investors positioned ahead of the Federal Reserve meeting. The weekly losses reflect persistent uncertainty over the Fed's policy path, with oil relief providing only a temporary reprieve. The market's focus remains on the Fed's decision and guidance, which will likely set the near-term direction.