US: Wall Street muted at open as focus turns to Fed

[NEW YORK] Wall Street's main indexes were subdued on Monday after logging their best week in six, as investors geared up for the Federal Reserve's meeting this week amid caution over rising borrowing costs spurred by massive fiscal stimulus.

The Dow Jones Industrial Average rose 20.2 points, or 0.06 per cent, at the open to 32798.84. The S&P 500 fell 0.4 points, or 0.01 per cent, at the open to 3942.96, while the Nasdaq Composite rose 3.6 points, or 0.03 per cent, to 13323.472 at the opening bell.

REUTERS