US STOCKS-Wall St set to open higher ahead of Fed rate decision

miércoles 21 de septiembre de 2016 09:01 GYT
 

* BOJ adopts target for long-term interest rates

* Fed statement on monetary policy due 2:00 p.m. ET

* Oil prices rise 1.7 pct

* Futures up: Dow 78 pts, S&P 8 pts, Nasdaq 21.75 pts (Adds details, comments, updates prices)

By Yashaswini Swamynathan

Sept 21 (Reuters) - Wall Street looked set to open higher as investors expected the Federal Reserve to stand pat on interest rates after a two-day meeting ending on Wednesday.

Supporting U.S. stock futures was the Bank of Japan's decision to adopt a "yield curve control" under which it will buy long-term government bonds to keep 10-year bond yields at current levels around zero percent.

The BOJ also said it would not hesitate to ease monetary policy to support growth.

The dollar index touched a near two-week high on Wednesday, the yen fell 0.29 percent against the dollar and gold rose to its highest in more than three weeks.   Continuación...