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Financial Markets…U.S. equities edged higher in morning trading Wednesday as encouraging data on U.S. consumer spending and inflation in October diminished expectations for Fed’s December tapering. The S&P 500 gained 0.2%, after climbing as much as 0.4% earlier, and the Dow rose 0.1%. Investors are awaiting a release of the Federal Reserve’s recent policy meeting minutes that may provide some clues on the timing of reduction in the monthly stimulus program.