Categories: World

US STOCKS SNAPSHOT-Wall St opens higher as cool inflation data fuels Fed rate cut bets

Published by TSG Syndication

Oct 24 (Reuters) - Wall Street opened on solid ground on Friday, as investors welcomed a cooler-than-expected inflation reading, while Intel's upbeat results offered a boost. At 09:30 a.m., the Dow Jones Industrial Average rose 221.66 points, or 0.47%, to 46,956.27. The S&P 500 gained 43.88 points, or 0.66%, to 6,782.32, and the Nasdaq Composite gained 200.07 points, or 0.87%, to 23,141.87. (Reporting by Pranav Kashyap in Bangalore; Editing by Shilpi Majumdar) (The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
TSG Syndication
Published by TSG Syndication