Wall Street opens higher, following broad gains overseas
NEW YORK (AP) — Stocks are opening higher on Wall Street, building on gains made over the previous two days. The S&P 500 was up 0.9% early Tuesday. Markets were also higher overseas folllowing encouraging economic reports from China and Germany. Traders will be watching Apple, which is set to announce updates to its iPad and smartwatch later in the day. The Federal Reserve will also be in focus as it starts a two-day policy meeting. It’s the first gathering since the Fed revised its operating framework in ways that will likely keep short-term interest rates near zero for years to come.
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