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Stocks open higher ahead of Fed meeting

FILE-In Friday Sept. 7 2012 file phospecialist works floor New York Stock Exchange. Stocks slipped Monday Sept 10 2012 as

FILE-In a Friday Sept. 7, 2012, file photo, a specialist works on the floor of the New York Stock Exchange. Stocks slipped Monday, Sept 10, 2012, as troubling economic news from China and the U.S. outweighed optimism about more stimulus from the Federal Reserve. (AP Photo/Richard Drew, File)

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Updated: September 11, 2012 3:35PM

Stock indexes are finishing higher as investors look toward two events sure to move markets this week: a Federal Reserve meeting and a court decision on whether Germany can support its struggling neighbors.

The Dow Jones industrial average rose 69 points to close at 13,323.

Germany’s high court will decide Wednesday whether the country can participate in a European bailout fund.

Many expect the Fed will launch a new effort to revive the sluggish economy after it wraps up its meeting Thursday.

The Standard & Poor’s 500 index rose four points to 1,434. The Nasdaq lost one point to end at 3,105.

Two stocks rose for every one that fell on the New York Stock Exchange. Trading was in line with the recent average at 3.4 billion shares.

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