US STOCKS-Wall St higher on Apple results; Fed awaited
* Fed statement scheduled for 2 p.m. ET
* Apple rises after strong results
* Twitter slumps after results
* Indexes up: Dow 0.36 pct, S&P 0.30 pct, Nasdaq 0.16 pct (Updates to open)
By Abhiram Nandakumar
Oct 28 (Reuters) - U.S. stocks were boosted by gains in Apple on Wednesday, and investors awaited the Federal Reserve's policy statement later in the day.
Apple sold 48 million iPhones in the quarter and reported a near doubling of revenue from China, allaying concerns about its business in the world's second-largest economy.
The stock was up 2.4 percent at $117.27, providing the biggest boost to the three major indexes.
The Fed's statement is due at 2:00 p.m. ET (1800 GMT) after its two-day policy meeting ends. While the central bank is not expected to raise rates at the meeting, traders will parse the statement for clues on when it will pull the trigger. Continuación...