US stocks rise slightly in opening trade

Staff Writer
Columbus CEO

NEW YORK (AP) — U.S. stocks are rising slightly in early trading, ahead of a Federal Reserve announcement this afternoon that might signal when the central bank will raise interest rates.

The Dow Jones industrial average rose 15 points, or 0.1 percent, to 17,146. The Standard & Poor's 500 index edged up two points, or 0.1 percent, to 2,001. The Nasdaq composite nudged up four points, or 0.1 percent, to 4,557.

The Fed wraps up a two-day meeting later today with a statement and press conference.