Wall Street inches up as Tesla and Apple gain; Fed verdict on tap

Wall Street’s main indexes crept higher in volatile trading today as shares of Tesla and Apple advanced while investors exercised caution ahead of the Federal Reserve’s interest rate decision later in the week. — Reuters picNEW YORK, April 29 — Wall Street’s main indexes crept higher in volatile trading today as shares of Tesla and Apple advanced while investors exercised caution ahead of the Federal Reserve’s interest rate decision later in the week.

Also offering support, Israel-Hamas peace talks in Cairo eased fears of a wider conflict in the Middle East. At 09.46am the Dow Jones Industrial Average rose 86.82 points, or 0.23 per cent, to 38,326.48, the S&P 500 gained 6.08 points, or 0.12 per cent, to 5,106.04 and the Nasdaq Composite gained 10.48 points, or 0.08 per cent, to 15,940.42.

Domino’s Pizza jumped 3.3 per cent after topping Street expectations for first-quarter same-store sales, as consumers in the United States tapped into the pizza chain’s spruced-up loyalty program and other promotional offerings.

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