US: Wall St opens higher on Microsoft, Alphabet earnings ahead of Fed decision

WALL Street’s main indexes opened higher on Wednesday (Jul 27) as upbeat quarterly reports from Microsoft and Alphabet lifted sentiment ahead of a key US interest rate decision later in the day.

The Dow Jones Industrial Average rose 103.51 points, or 0.33 per cent, at the open to 31,865.05.

The S&P 500 opened higher by 30.38 points, or 0.77 per cent, at 3,951.43, while the Nasdaq Composite gained 193.61 points, or 1.67 per cent, to 11,756.19 at the opening bell. REUTERS