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US: Wall St opens higher as focus turns to Fed meet


[NEW YORK] Wall Street's main indexes opened higher on Wednesday as investors hoped for a pledge by the Federal Reserve to keep interest rates low for a prolonged period, with upbeat quarterly results from FedEx also boosting sentiment.

The Dow Jones Industrial Average rose 36.09 points, or 0.13 per cent, at the open to 28,031.69.

The S&P 500 opened higher by 10.03 points, or 0.29 per cent, at 3,411.23. The Nasdaq Composite gained 31.76 points, or 0.28 per cent, to 11,222.08 at the opening bell.


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