Wall St opens higher ahead of Fed meeting as oil prices extend declines

by mcardinal

 

Wall Street’s main indexes opened higher on Tuesday ahead of the Federal Reserve’s two-day policy meeting as oil prices extended declines, with investors also assessing the fallout of fresh COVID-19 restrictions in China.

The Dow Jones Industrial Average rose 44.0 points, or 0.13%, at the open to 32989.27. The S&P 500 rose 15.7 points, or 0.38%, at the open to 4188.82​, while the Nasdaq Composite rose 104.0 points, or 0.83%, to 12685.234 at the opening bell.

Copyright 2022 Thomson/Reuters

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