Wall St opens higher as soft inflation data eases rate-hike fears
[NEW YORK] Wall Street’s main indexes opened higher on Wednesday (Sep 30), as a softer-than-anticipated inflation reading buoyed hopes that the Federal...
On Wednesday, September 30, Wall Street's key indexes started the trading day on a positive note as a milder-than-expected inflation reading eased concerns about an imminent rate increase by the Federal Reserve. The Dow Jones Industrial Average climbed by 74.9 points, or 0.15 percent, to reach 51,424.84 at the opening bell. Similarly, the S&P 500 climbed 18.1 points, or 0.24 percent, to 7,688.99, while the Nasdaq Composite added 95.3 points, or 0.36 percent, to stand at 26,892.796.
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