US STOCKS SNAPSHOT-Wall St opens higher as producer prices data eases rate hike fears

US STOCKS SNAPSHOT-Wall St opens higher as producer prices data eases rate hike fears
Representative Image Image Credit: Public Domain Pictures
  • Country:
  • United States

Wall Street's main indexes opened higher on Thursday after weaker-than-expected producer prices data eased concerns about a faster pace of interest rate hikes from the Federal Reserve, while Delta Air Lines led gains among carriers on strong earnings.

The Dow Jones Industrial Average rose 22.17 points, or 0.06%, at the open to 36,312.49.

The S&P 500 opened higher by 7.21 points, or 0.15%, at 4,733.56, while the Nasdaq Composite gained 56.65 points, or 0.37%, to 15,245.04 at the opening bell.

Give Feedback

Use this form for editorial or site feedback. We usually reply within 2 to 3 working days.

By submitting, you agree that we may use your email address to respond.