US opens slightly higher ahead of Fed's policy decision

Wednesday, 16. June 2021 15:30

Shares on the major stock market indexes in the United States traded with modest gains as the session started on Wednesday with traders waiting for the Federal Reserve's decision regarding the interest rate in the country.

The investors will also keep a watchful eye on the meeting between US President Joe Biden and his Russian counterpart Vladimir Putin, in the first meeting between the two countries' heads of state since 2018.

The Dow Jones Industrial Average advanced 0.08% as the session started. Dow's top performer was Merck which gained 1.34% at the open. The Nasdaq 100 gained 0.26% at the same time with Regeneron up by 1.61% two minutes later. At the opening bell, the S&P 500 rose by 0.11% as Dish Network jumped 3.64%. The euro lost 0.10% versus the dollar, selling for 1.21136 at 9:28 am ET.

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Author:
Breaking the News / BU