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US: Wall St opens higher after inflation data, strong bank earnings

by Sarkiya Ranen
in Technology
US: Wall St opens higher after inflation data, strong bank earnings
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Wall Street’s main indexes opened higher on Wednesday (Jan 15), as data showed core inflation rose less than expected in December and investors cheered a strong batch of quarterly results from the biggest US banks.

The Dow Jones Industrial Average rose 409.5 points, or 0.96 per cent, at the open to 42,927.76.

The S&P 500 rose 62.3 points, or 1.07 per cent, at the open to 5,905.21​, while the Nasdaq Composite rose 305.9 points, or 1.61 per cent, to 19,350.313 at the opening bell. REUTERS

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Tags: BankDataEarningsHigherInflationOpensStrongWall
Sarkiya Ranen

Sarkiya Ranen

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

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