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Wall St opens higher ahead of Fed announcement -Breaking

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© Reuters. Traders are seen working on the New York Stock Exchange’s floor in New York City (USA), January 25, 2022. REUTERS/Brendan McDermid

(Reuters] Wall Street’s main indexes rose on Wednesday, after two days of volatile trading. The strong outlook of Microsoft (NASDAQ:), and ahead of a Federal Reserve policy statement for cues regarding its plans to reduce inflation, helped by a positive Wall Street view.

At the open, it rose by 223.09 points or 0.65% to 34.520.82. Opening bell saw the stock open higher at 4.4808.43 by 51.98 points or 1.19%. The stock gained 332.47 point, or 2.46 percent, to 13.871.77, and opened lower at 3.520.05 points.

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