Wall Street Opens Higher Ahead of Fed Policy Decision

Wall Street Opens Higher Ahead of Fed Policy Decision
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City on Oct. 27, 2023. Brendan McDermid/Reuters
Reuters
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Wall Street’s main indexes opened higher on Wednesday as investors awaited the Federal Reserve’s monetary policy decision and kept tabs on corporate updates with the earnings season in full swing.

The Dow Jones Industrial Average rose 29.00 points, or 0.09 percent, at the open to 33,081.87. The S&P 500 opened higher by 7.47 points, or 0.18 percent, at 4,201.27, while the Nasdaq Composite gained 35.83 points, or 0.28 percent, to 12,887.06 at the opening bell.