Wall Street opens higher on Fed hopes

NEW YORK |
Tue Sep 20, 2011 7:09pm IST

NEW YORK (Reuters) – U.S. stocks opened higher on Tuesday as investors waited to see if the Federal Reserve’s policy-setting panel offers aid to a sputtering U.S. economy.

The Dow Jones industrial average rose 41.93 points, or 0.37 percent, at 11,442.94. The Standard Poor’s 500 Index was up 4.68 points, or 0.39 percent, at 1,208.77. The Nasdaq Composite Index put on 11.19 points, or 0.43 percent, at 2,624.02.

(Reporting by Ryan Vlastelica)

Article source: http://feeds.reuters.com/~r/reuters/INbusinessNews/~3/jkPJrimyM7A/idINIndia-59447020110920

Tags: Business News, Latest Business News