Wall St set to open subdued ahead of Fed policy meet, Instacart debut

WALL Street's main indexes were poised for a subdued open on Tuesday ahead of the Federal Reserve's policy meeting, with investors awaiting grocery delivery app Instacart's Nasdaq debut to assess a potential recovery in the IPO market.

Instacart parent Maplebear Inc secured a fully diluted valuation of $9.9 billion on Monday after its IPO was priced at $30 per share, the top of its indicated price range.

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