Wall Street Opens Higher Ahead of Fed Policy Decision

November 1, 2023Updated: November 1, 2023

Wall Street’s main indexes opened higher on Wednesday as investors awaited the Federal Reserve’s monetary policy decision and kept tabs on corporate updates with the earnings season in full swing.

The Dow Jones Industrial Average rose 29.00 points, or 0.09 percent, at the open to 33,081.87. The S&P 500 opened higher by 7.47 points, or 0.18 percent, at 4,201.27, while the Nasdaq Composite gained 35.83 points, or 0.28 percent, to 12,887.06 at the opening bell.

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