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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 [1]

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Alfonso Esparza

Alfonso Esparza [6]

Senior Currency Analyst at Market Pulse [7]
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza 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 has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. 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
Alfonso Esparza

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