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Stocks Open Slightly Higher as Fed Decision Looms


Wednesday, 13 June 2018 20:50 WIB

DOW JONESS & P 500SahamASNasdaq Composite


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U.S. stocks kicked off trade tentatively higher on Wednesday as investors awaited the Federal Reserve's policy statement later in the session, with officials set to lift benchmark interest rates by a quarter of a percentage point and market's hoping for clarity on the central bank's plan for monetary policy in coming months and years.

The Dow Jones Industrial Average rose less than 0.1% at 25,326, the S&P 500 index climbed less than 0.1% at 2,788, while the Nasdaq Composite Index rose at 0.1% at 7,713. Concerns about monetary stimulus ebbing have joined worries about politics and trade spats emanating from President Donald Trump's administration.

Source : Marketwatch


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