Wall Street Inches Higher At Open Ahead Of Fed Decision

Wall Street Inches Higher At Open Ahead Of Fed Decision

(Reuters) – U.S. stock indexes inched higher at open on Wednesday following positive earnings from companies including Starbucks and Advanced Micro Devices, while investors braced for the biggest U.S. interest rate hike since May 2000.

The Dow Jones Industrial Average rose 43.01 points, or 0.13%, at the open to 33,171.80.

The S&P 500 opened higher by 5.70 points, or 0.14%, at 4,181.18, while the Nasdaq Composite gained 10.97 points, or 0.09%, to 12,574.73 at the opening bell.

(Reporting by Devik Jain in Bengaluru; Editing by Shounak Dasgupta)