US Stocks Open Higher Eyeing Fed

U.S. stocks opened slightly higher as oil prices rose on a day when a slew of companies were scheduled to report their quarterly earnings and the U.S. Federal Reserve was set to begin its two-day meeting.

The Dow Jones industrial average .DJI rose 27.67 points, or 0.15 percent, to 18,004.91, the S&P 500 .SPX gained 3.33 points, or 0.16 percent, to 2,091.12 and the Nasdaq composite .IXIC added 7.99 points, or 0.16 percent, to 4,903.77.

via Reuters

Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, he established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza