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Stocks open slightly higher as traders eye Fed speakers, Russia sanctions

Stocks opened slightly higher Thursday as investors eyed meetings between President Joe Biden and Western allies and world leaders and the announcement of additional sanctions against Moscow over Russia’s invasion of Ukraine. Federal Reserve speakers also remained in the spotlight, as expectations grow for a half-point rate rise as early as the central bank’s next policy meeting in May. The Dow Jones Industrial Average rose 27 points, or 0.1%, to 34,386, while the S&P 500 gained 11 points, or 0.2%, to trade at 4,467. The Nasdaq Composite was up 37 points, or 0.3%, at 13,959.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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