Stocks rise modestly as Fed begins meeting

NEW YORK • Stocks rose in early trading on Wall Street Tuesday after several big companies turned in solid earnings. An increase in U.S. home prices sent home builder stocks higher. The Dow Jones industrial average rose 46 points, or 0.3 percent, to 15,568 in the first hour of trading. The Standard & Poor’s 500 index was up five points, or 0.3 percent, to 1,690. Seven of the index’s 10 industry sectors rose, led by utilities and technology companies. The Nasdaq composite rose 18 points, or 0.5 p...

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