Wall St opens higher as focus shifts to Fed

[NEW YORK] US stocks opened modestly higher on Wednesday as investors digested another set of earnings reports ahead of a widely expected interest rate cut by the Federal Reserve later in the day.

The Dow Jones Industrial Average rose 39.29 points, or 0.15 per cent, at the open to 27,110.71.

The S&P 500 opened higher by 2.85 points, or 0.09 per cent, at 3,039.74. The Nasdaq Composite gained 7.42 points, or 0.09 per cent, to 8,284.28 at the opening bell. 

REUTERS