Wall Street rises ahead of Fed’s monetary policy decision

The Dow Jones Industrial Average was up 0.68% to 30,570.50 points shortly after opening (Image: REUTERS/Brendan McDermid)

The main indices of Wall Street opened higher on Wednesday, boosted by gains in growth stocks and bankswith investors waiting to see what magnitude the Federal Reserve will raise rates at its monetary policy meeting as it tries to contain the inflation.

O dow jones (DJI) advanced 0.68%, at 30,570.50 points, shortly after the opening.

O S&P 500 (SPX) was up 0.76% to 3,764.05 points, while the Nasdaq (US100) gained 1.29% to 10,968.40 points.

Follow Money Times on Facebook!

Like our Facebook page and connect with Money Times journalists and readers. Our team brings you the most important discussions of the day and you participate in the conversations about the news and analysis of everything that happens in Brazil and in the world. Follow the Money Times Facebook page now!

Source: Moneytimes

Share this article:

Leave a Reply

most popular