Central bankers at the October policy meeting also debated evidence the US economy's long-term potential may have permanently shifted lower.
The three major indexes added to earlier gains after the 2:00 PM ET Fed release and buying accelerated ahead of the close.
"I think the market is ready and comfortable for an increasing Fed funds rate," said Alan Rechtschaffen, portfolio manager at UBS Wealth Management Americas in New York.
"We just have to turn this aircraft carrier around, get out of this zombie-like economy which is being fed on an elixir of low interest rates and get to a process of normalization."
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