Wall Street opens modestly higher after data

Investors look ahead to a much-anticipated statement from the Federal Reserve

Reuters NEW YORK
Last Updated : Jul 31 2013 | 7:24 PM IST

US stocks opened modestly higher on Wednesday as the latest round of economic data showed stronger-than-anticipated jobs growth in the private sector and accelerated momentum by the economy.

Investors were looking ahead to a much-anticipated statement from the Federal Reserve.

The Dow Jones industrial average was up 37.26 points, or 0.24 percent, at 15,557.85. The Standard & Poor's 500 Index was up 4.19 points, or 0.25 percent, at 1,690.15. The Nasdaq Composite Index was up 11.68 points, or 0.32 percent, at 3,628.14.

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First Published: Jul 31 2013 | 7:08 PM IST

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