LIVE Dow Opens Up Ahead of Fed Rate Decision Last Updated: Updated 1 hour ago The Stock Market Is in 'Wait-and-See' Mode Ahead of the Fed By The stock market barely budged at the open as the Federal Reserve was set to kick off its two-day December policy meeting. The Dow Jones Industrial Average rose 203 points, or 0.4%. The S&P 500 was up 0.1%. The Nasdaq Composite was down 0.2%. "Markets remain on snooze with little conviction in either direction this morning, and while investors 'waiting for the Fed' has ...