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Indexes edge higher on Wall Street in early trade

4 years 1 month 4 days ago May 21, 2013 May 21, 2013 Tuesday, May 21 2013 May 21, 2013 7:54 AM in News
Source: AP

NEW YORK- Stock indexes are edging higher in early trading on Wall Street as investors look ahead to the Federal Reserve's next moves.

The Dow Jones industrial average was up 54 points at 15,390 shortly after the opening bell Tuesday, a gain of 0.4 percent.

The Standard & Poor's 500 index was up four points at 1,670, or 0.2 percent. The Nasdaq composite was up three points at 3,499.

JPMorgan rose 77 cents or 1.5 percent to $53.04. Shareholders are voting on a measure that would split the roles of chairman and CEO.

Home Depot rose 3 percent, or $2.25, to $78.98 after the home improvement retailer reported an 18 percent increase in income for its first quarter as the housing market continued to recover.

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