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Wall Street opens higher ahead of expected Fed rate hike

The S&P 500 opened up 0.40% to 3871.4 points, while the Nasdaq Composite rose 0.36% to 11,466.21 at the open.

A trader passes in front of a quote board at the New York Stock Exchange in New York City, USA
A trader passes in front of a quote board at the New York Stock Exchange in New York City, USA A trader passes in front of a quote board at the New York Stock Exchange, USA 9/13/2022REUTERS/Andrew Kelly/File Photo

Wall Street’s main indexes opened higher on Wednesday, ahead of a possible sharp rise in the Federal Reserve’s interest rate, with investors awaiting clues about the duration and depth of the monetary policy tightening to contain. rising inflationary pressures in the United States.

The Dow was up 0.37% at the open to 30,819.39 points.

The S&P 500 opened up 0.40% to 3871.4 points, while the Nasdaq Composite edged up 0.36% to 11,466.21 at the open.

Source: CNN Brasil

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