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Wall Street rises at open on Apple boost; Fed in focus

US stocks opened higher on Wednesday, lifted by Apple's shares, as the iPhone maker's upbeat earnings eased concerns over the impact of the US-China trade war, while investors awaited an almost certain cut in interest rates by the Federal Reserve.

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By Reuters July 31, 2019, 7:10:51 PM IST (Published)

Wall Street rises at open on Apple boost; Fed in focus
US stocks opened higher on Wednesday, lifted by Apple's shares, as the iPhone maker's upbeat earnings eased concerns over the impact of the US-China trade war, while investors awaited an almost certain cut in interest rates by the Federal Reserve.


The Dow Jones Industrial Average rose 46.65 points, or 0.17%, at the open to 27,244.67. The S&P 500 opened higher by 3.04 points, or 0.10%, at 3,016.22. The Nasdaq Composite gained 17.18 points, or 0.21%, to 8,290.80 at the opening bell.
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