Summary US stocks have dropped the last two weeks, in part due to worries about the rising dollar
NEW YORK (AFP) - Wall Street stocks opened higher Monday ahead of an eagerly-watched Federal Reserve Meeting this week as the dollar dipped.
Five minutes into trade, the Dow Jones Industrial Average was at 17,859.74, up 110.43 points (0.62 percent).
The broad-based S&P 500 gained 12.17 (0.59 percent) to 2,065.57, while the tech-rich Nasdaq Composite Index rose 23.99 (0.49 percent) to 4,895.75.
US stocks have dropped the last two weeks, in part due to worries about the rising dollar. The euro advanced to $1.0583 from $1.0489 Friday.
The Fed Wednesday will conclude a two-day monetary policy meeting. The US central bank is expected to signal plans to raise interest rates this year, perhaps as soon as June.
