US STOCKS-Wall St higher after strong retail sales data

martes 15 de septiembre de 2015 10:23 GYT

* August retail sales in line with expectations

* Fed to meet on Wednesday and Thursday

* Fiat Chrysler up as talks with union continues

* Indexes up: Dow 0.36 pct, S&P 0.30 pct, Nasdaq 0.20 pct (Updates to open)

By Tanya Agrawal

Sept 15 (Reuters) - U.S. stocks rose on Tuesday after data showed retail sales continued to climb in August but investors remained cautious ahead of this week's Federal Reserve meeting.

U.S. consumer spending appeared to grow at a healthy pace halfway through the third quarter, pointing to solid domestic demand that could persuade the Fed to raise interest rates.

Analysts said an interest rate hike would remove the uncertainty that has dogged the market for several weeks.

After the retail data, traders raised their bets the Fed would raise rates later this week to 27 percent from 23 percent on Monday, according to CME Group's FedWatch program.   Continuación...