US STOCKS-Wall St set to open higher as investors await Fed meet

martes 20 de septiembre de 2016 08:53 GYT
 

* Fed Chair Yellen to speak at 2:00 p.m. ET Wednesday

* DTS soars on $850 mln acquisition agreement with Tessera

* Tobira Therapeutics rises six-fold on Allergan deal

* Futures up: Dow 56 pts, S&P 7.5 pts, Nasdaq 17.25 pts (Adds details, comments, updates prices)

By Yashaswini Swamynathan

Sept 20 (Reuters) - U.S. stocks looked set to open higher as investors saw little room for the Federal Reserve to raise interest rates in a two-day meeting starting Tuesday.

The central bank's meeting will conclude with Fed Chair Janet Yellen's press conference at 2:00 p.m. ET on Wednesday.

Investors are also watching the Bank of Japan's meeting which starts on Tuesday. Investors have little clue of what path the central bank could take to achieve its 2 percent inflation target.

The doves in the Fed are most likely to rule over the hawks who support higher rates in the near term, but investors are looking for their comments for clues about a likely hike in December.   Continuación...