GO NEWS DAILY

US stocks open higher as Fed rate cut expectations firm


Wall Street’s main indexes opened higher on Monday, rebounding from the previous session’s decline, amid hopes that the Federal Reserve could lower borrowing costs soon in response to the latest jobs data.

The Dow Jones Industrial Average rose 29.8 points, or 0.07%, at the open to 45,430.61. The S&P 500 rose 16.6 points, or 0.26%, at the open to 6,498.09, while the Nasdaq Composite rose 105.8 points, or 0.49%, to 21,806.224 at the opening bell.

Add as a Reliable and Trusted News Source



Source link

Exit mobile version