US: Wall St opens higher ahead of Fed verdict, Big Tech earnings

Wall Street’s main indexes opened on a strong note on Monday (Jul 29), as investors geared up for a Federal Reserve interest-rate decision, along with Big Tech earnings and crucial labour numbers after the recent equity sell-off.

The Dow Jones Industrial Average rose 76.37 points, or 0.19 per cent, at the open to 40,665.71.

The S&P 500 opened higher by 17.45 points, or 0.32 per cent, at 5,476.55, while the Nasdaq Composite gained 86.51 points, or 0.50 per cent, to 17,444.39 at the opening bell. REUTERS