Wall Street Edges Higher as Investors Focus on Fed Minutes

Wall Street Edges Higher as Investors Focus on Fed Minutes
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City on Feb. 17, 2023. (Brendan McDermid/Reuters)
Reuters
2/22/2023
Updated:
2/22/2023
0:00

Wall Street’s main indexes opened higher on Wednesday, a day after their worst performance of the year, as investors awaited minutes from the Federal Reserve’s policy meeting for fresh clues on the trajectory of interest rates.

The Dow Jones Industrial Average rose 39.74 points, or 0.12 percent, at the open to 33,169.33. The S&P 500 opened higher by 4.49 points, or 0.11 percent, at 4,001.83, while the Nasdaq Composite gained 24.90 points, or 0.22 percent, to 11,517.20 at the opening bell.