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US stocks open higher, spotlight on Fed

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 8, 2026.  REUTERS/Brendan McDermid
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 8, 2026. REUTERS/Brendan McDermid Reuters

The main U.S. stock indexes opened higher on Wednesday, as chip stocks rebounded ahead of the first interest rate decision under new Federal Reserve Chair Kevin Warsh.

At 09:30 a.m. ET, the Dow Jones Industrial Average rose 11.12 points, or 0.02%, to 52,010.79, the S&P 500 gained 8.44 points, or 0.11%, to 7,519.79 and the Nasdaq Composite gained 113.22 points, or 0.43%, to 26,489.56.

(Reporting by Sruthi Shankar in Bengaluru; Editing by Shinjini Ganguli)

Copyright Reuters or USA Today Network via Reuters Connect.

This story was originally published June 17, 2026 at 9:34 AM.

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