US STOCKS SNAPSHOT-Wall Street opens higher as rate-cut hopes linger
U.S. stock indexes opened higher on Monday as traders priced in a greater chance of the U.S. Federal Reserve cutting interest rates this year following soft payrolls data last week.
The Dow Jones Industrial Average rose 86.8 points, or 0.22%, at the open to 38762.43. The S&P 500 rose 14.6 points, or 0.29%, at the open to 5142.42, while the Nasdaq Composite rose 52.2 points, or 0.32%, to 16208.537 at the opening bell.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
Advertisement
ALSO READ
Wall St Week Ahead-US small caps struggle as elevated interest rates take a toll
Australia holds interest rates, talks down further hikes
Australia's central bank holds interest rates, vigilant on inflation risks
Australia holds interest rates, vigilant on inflation risks
GRAPHIC-The case for forever high interest rates