US stocks open higher as eyes turn to Federal Reserve decision

Dow Jones Industrial Average
S&P 500 index
NASDAQ

Dow Jones Industrial Average

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S&P 500 index

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NASDAQ

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- Major U.S. stock indexes opened higher on Wednesday as shares of chipmakers rebounded ahead of the first interest rate decision under new Federal Reserve Chairman Kevin Warsh.

By 1330 GMT, the Dow Jones Industrial Average had risen 11.12 points, or 0.02 percent, to 52,010.79, the S&P 500 had gained 8.44 points, or 0.11 percent, to 7,519.79, and the Nasdaq Composite had climbed 113.22 points, or 0.43 percent, to 26,489.56.