New York City - US stocks Tuesday opened higher as Federal Reserve policymakers headed into a meeting to weigh whether to begin reducing their huge stimulus program.
Five minutes into trade, the Dow Jones Industrial Average added 39.51 (0.25 percent) at 15,534.29.
The broad-based S&P 500 rose 2.98 (0.18 percent) to 1,700.58, while the tech-rich Nasdaq Composite Index tacked on 8.66 (0.23
percent) to 3,726.51.
Patrick O'Hare of Briefing.com said markets would be in a wait-and-see mode until the Fed releases its policy statement at the end of the two-day meeting.
The Federal Open Market Committee could trim back the Fed's $85 billion per-month bond-buying program.
US consumer prices rose a bare 0.1 percent in August.
Price gains at the consumer level stood at 1.5 percent year-on-year, well below the levels the Fed has pointed to as thresholds for tightening monetary policy. - Sapa-AFP