US stocks: S&P 500, Nasdaq open higher as oil pulls back ahead of Fed decision

THE S&P 500 and the Nasdaq opened higher on Tuesday (Oct 27) as easing oil prices supported risk appetite ahead of a raft of key corporate earnings and the Federal Reserve’s interest-rate decision this week.

The Dow Jones Industrial Average fell 84.1 points, or 0.16 per cent, to 52,277.49 at the open. The S&P 500 rose 22.7 points, or 0.3 per cent, to 7,699.47​, while the Nasdaq Composite gained 116.9 points, or 0.45 per cent, to 26,286.306. REUTERS