Wall Street’s main indexes started the day modestly higher. S&P 500 Consumer Staples Index rises after Retail Sales data. Investors wait for Fed to announce its monetary policy decisions. Major equity indexes in the US opened modestly higher on Wednesday as investors seem to be refraining from taking large positions while waiting for the US Federal Reserve to announce its monetary policy decisions. As of writing, the S&P 500 Index was up 0.4% on the day at 3,414, the Dow Jones Industrial Average was gaining 0.23% at 28,059 and the Nasdaq Composite was rising 0.35% at 11,478. Earlier in the day, the data published by the US Census Bureau showed that Retail Sales in August increased by 0.6% to $537.5 billion. Boosted by this data, the S&P 500 Consumer Staples Index is 0.6% as the best-performing major sector in the early trade. On the other hand, the Materials Index and the Utilities Index trade in the negative territory. Previewing the FOMC’ September meeting, “the FOMC recently updated its policy framework. It will no longer look to pre-emptively tighten policy on the basis of an expected pick-up in inflation in response to a tightening labour market,” said ANZ analysts. “Despite the new long-run objectives, we don’t expect the FOMC to make any major announcements on forward guidance or asset purchases.” S&P 500 chart (daily) FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/TRY records a fresh all-time high above 7.50″¦ again FX Street 2 years Wall Street's main indexes started the day modestly higher. S&P 500 Consumer Staples Index rises after Retail Sales data. Investors wait for Fed to announce its monetary policy decisions. Major equity indexes in the US opened modestly higher on Wednesday as investors seem to be refraining from taking large positions while waiting for the US Federal Reserve to announce its monetary policy decisions. As of writing, the S&P 500 Index was up 0.4% on the day at 3,414, the Dow Jones Industrial Average was gaining 0.23% at 28,059 and the Nasdaq Composite was rising 0.35% at 11,478. Earlier in the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.