Stocks Open Slightly Higher as Fed Decision Looms

U.S. stocks kicked off trade tentatively higher on Wednesday as investors awaited the Federal Reserve’s policy statement later in the session, with officials set to lift benchmark interest rates by a quarter of a percentage point and market’s hoping for clarity on the central bank’s plan for monetary policy in coming months and years.

The Dow Jones Industrial Average rose less than 0.1% at 25,326, the S&P 500 index climbed less than 0.1% at 2,788, while the Nasdaq Composite Index rose at 0.1% at 7,713. Concerns about monetary stimulus ebbing have joined worries about politics and trade spats emanating from President Donald Trump’s administration.

Source : Marketwatch

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Sumber : bpfnews.com

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