Dow up 1.8% as investors await Fed action

The S&P was up 1.6% at 1,137 shortly after the open, a day after it closed down some 6.66%. Other major US indices mirrored the S&P's rise, with the Dow Jones industrial average up by 1.8%, or 194 points, to 11,004. The Nasdaq was 1.3% higher at 2,087. The FTSE was 0.5% higher at 5,098 shortly after the US opening bell, having earlier returned to parity after it lost 5% of its value in early trading. Commodity prices have also recovered in line with equities, with Brent crude rising by 0.3% to $104 a barrel after it dipped below $100 for the first time in six months. Ten-year tr...