US STOCKS SNAPSHOT-Wall St opens higher on Meta surge, Fed relief
- Country:
- United States
U.S. stocks jumped on Thursday, with the Nasdaq adding 2% as Meta Platforms surged on rigorous cost controls, while a dovish message from Federal Reserve Chair Jerome Powell boosted bets of a softer landing for the U.S. economy.
The Nasdaq Composite gained 248.83 points, or 2.11%, to 12,065.15 at the opening bell.
The Dow Jones Industrial Average rose 36.34 points, or 0.11%, at the open to 34,129.30, while the S&P 500 opened higher by 39.47 points, or 0.96%, at 4,158.68.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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- Meta Platforms
- Nasdaq
- U.S.
- Jerome Powell
- 34
- 129.30
- Federal Reserve Chair
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