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Home Commodity Market News

Wall St opens higher as rate-cut bets strengthen

Renton Campoy by Renton Campoy
August 13, 2024
in Commodity Market News
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Wall St opens higher as rate-cut bets strengthen
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Wall St opens higher as rate-cut bets strengthen
© Reuters. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 11, 2023. REUTERS/Brendan McDermid/File Photo

 

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(Reuters) – Wall Street’s main indexes opened higher on Tuesday as growing bets of early rate cuts by the Federal Reserve lifted investor sentiment after Christmas holidays.

The Dow Jones Industrial Average rose 19.93 points, or 0.05%, at the open to 37,405.90. The S&P 500 opened higher by 4.23 points, or 0.09%, at 4,758.86, while the Nasdaq Composite gained 35.72 points, or 0.24%, to 15,028.69 at the opening bell.

Source: Investing.com

Renton Campoy

Renton Campoy

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