US stocks open higher ahead of the FOMC rate decision ...Middle East

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US stocks open higher ahead of the FOMC rate decision
The major US stock indices are opening higher ahead of the FOMC rate decision at 2 PM ET. The employment cost data came in a little bit weaker than expectations at 0.9% versus 1.0%. The market is shrugging off the so-so earnings from Microsoft although it started is down -1.4%. Meta Platforms is on deck after the close. Amazon and Apple report tomorrow after the close.A snapshot of the market four minutes into the open is showing: Dow Industrial Average average rose 47.23 points or 0.12% at 40 790.57S&P index up 64.91 point or 1.19% at 5501.36NASDAQ index up 312.63 points or 1.82% at 17460.05The small-cap Russell 2000 is up 15.65 points or 0.70% at 2258.79Shares of Microsoft are currently tr

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