Investing.com - U.S. stocks were higher Tuesday as tech stocks recovered from a two-day sell-off.
The tech-heavy Nasdaq composite was up 0.67% at 10:00 ET.
The DJI was up 0.20%. The S&P 500 added 0.27%.
A rate hike by the FOMC Wednesday has been priced in.
Investors will be looking for guidance for the future path of interest rates.
The FOMC will issue a statement after the meeting while Fed Chair Janet Yellen will hold a news conference.
Investors are also looking for further details on the Fed's plans to reduce its balance sheet.
The dollar index edged lower but held above 97.
The PPI was unchanged in May when it was forecast to rise 0.1% month-on-month.
Oil was narrowly mixed as OPEC output rose in May. API inventories report ahead.
(NASDAQ:Apple) was up 1.22%. (NASDAQ:Facebook) added 1.65%.