Renewable Energy

Wall Street opens slightly higher; Fed meet eyed

Credit: REUTERS/BRENDAN MCDERMID

U.S. stocks eked out gains at the open on Monday, as focus shifted to a pivotal Federal Reserve meeting that could lay the groundwork for an interest rate cut later this year.

June 17 (Reuters) - U.S. stocks eked out gains at the open on Monday, as focus shifted to a pivotal Federal Reserve meeting that could lay the groundwork for an interest rate cut later this year.

The Dow Jones Industrial Average .DJI rose 18.92 points, or 0.07%, at the open to 26,108.53. The S&P 500 .SPX opened higher by 2.77 points, or 0.10%, at 2,889.75. The Nasdaq Composite .IXIC gained 22.77 points, or 0.29%, to 7,819.43 at the opening bell.

(Reporting by Medha Singh in Bengaluru; Editing by Sriraj Kalluvila)

((Medha.Singh@thomsonreuters.com; within U.S. +1646 223 8780, outside U.S. +91 80 6749 1130; Twitter: https://twitter.com/medhasinghs; Reuters Messaging: medha.singh.thomsonreuters.com@reuters.net))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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