Wall Street set to open higher on Apple rally; Fed in focus

Wall Street looked set to open higher on Wednesday, in a bright start to the month, buoyed by strong earnings from Apple, while investors awaited the Federal Reserve's decision on interest rates. Investors are closely tracking quarterly earnings to support valuations, especially after a post-election rally pushed Wall Street to record highs. Apple's shares were up 4.40 percent at $126.69 in heavy premarket trading after the company's earnings and iPhone sales blew past expectations in the latest