New York - U.S. stocks rose sharply on Tuesday, a day before the start of a crucial Federal Reserve meeting. Policymakers at the U.S. central bank will convene a two-day meeting on Wednesday and may decide to raise interest rates for the first time in close to a decade. The gains were led by industrial stocks.

On Tuesday:

The Dow Jones industrial average rose 228.89 points, or 1.4 percent, to 16,599.85.... Read More: VIN