Traders work on the main trading floor of the New York Stock Exchange shortly after the opening bell of the trading session in the Manhattan borough of New York City, January 7, 2016. Wall Street was set to open sharply lower for a second straight day on Thursday after China allowed the yuan to fall further and oil prices slid to near 12-year lows, raising concerns over the state of the global economy. REUTERS/Brendan McDermid
Traders work on the main trading floor of the New York Stock Exchange shortly after the opening bell of the trading session in the Manhattan borough of New York City, January 7, 2016. Wall Street was set to open sharply lower for a second straight day on Thursday after China allowed the yuan to fall further and oil prices slid to near 12-year lows, raising concerns over the state of the global economy. REUTERS/Brendan McDermid
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Business & Economy

Wall St mixed at open ahead of Big Tech earnings, Fed meeting

April 29 (Reuters) – Wall Street’s main indexes were mixed at the open on Wednesday as investors treaded carefully ahead of several Big Tech earnings reports and a Federal Reserve meeting expected to be the last for Jerome Powell as its Chair.

The Dow Jones Industrial Average rose 21.8 points, or 0.04%, at the open to 49,163.78. The S&P 500 fell 7.2 points, or 0.10%, at the open to 7,131.61​, while the Nasdaq Composite dropped 57.3 points, or 0.23%, to 24,606.527.

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(Reporting by Niket Nishant and Utkarsh Hathi in Bengaluru; Editing by Devika Syamnath and Arun Koyyur)

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