US: Wall St opens higher ahead of Fed announcement

[NEW YORK] Wall Street's main indexes opened higher on Wednesday (Jan 26) after 2 sessions of turbulent trading, supported by a stellar outlook from Microsoft and ahead of a Federal Reserve policy meeting announcement for cues on its plans to curb inflation.

The Dow Jones Industrial Average rose 223.09 points, or 0.65 per cent, at the open to 34,520.82.

The S&P 500 opened higher by 51.98 points, or 1.19 per cent, at 4,408.43, while the Nasdaq Composite gained 332.47 points, or 2.46 per cent, to 13,871.77 at the opening bell.

REUTERS