S&P opens higher, Nasdaq hits record as all eyes turn to Fed

(Reuters) – U.S. stocks opened higher on Wednesday, with Nasdaq hitting another record high, as attention shifted to the Federal Reserve’s first projections on the economy post-coronavirus outbreak.

The Dow Jones Industrial Average (DJI) fell 20.41 points, or 0.07%, at the open to 27,251.89. The S&P 500 (SPX) opened higher by 6.24 points, or 0.19%, at 3,213.42. The Nasdaq Composite (IXIC) gained 58.56 points, or 0.59%, to 10,012.32 at the opening bell.