U.S. stocks close higher after Fed minutes signal possible rate cuts

NEW YORK, Aug. 21 (Xinhua) -- U.S. stocks ended higher on Wednesday, after the Federal Reserve revealed its latest monetary policy meeting minutes, which hinted the U.S. central bank could cut interest rates in September.

"The vast majority" of participants at the July 30-31 Federal Open Market Committee (FOMC) meeting "observed that, if the data continued to come in about as expected, it would likely be appropr