Wall Street Opens Higher on Rate Cut Optimism

id5502107 traders work - The Japan Weeknd Magazine
Wall Street’s main indexes opened higher on Wednesday as investors were optimistic about rate cuts from the Federal Reserve early next year, after data showed further signs of a cooling labor market.
The Dow Jones Industrial Average rose 59.17 points, or 0.16 percent at the open, to 36,183.73. The S&P 500 opened higher by 19.05 points, or 0.42 percent, at 4,586.23, while the Nasdaq Composite gained 95.71 points, or 0.67 percent, to 14,325.62 at the opening bell.

Share:

Related News