Wall Street’s main indexes opened slightly higher on Wednesday (Aug 14) after data showed inflation was moderating as expected, cementing bets that the Federal Reserve will begin its policy-easing cycle next month.
The Dow Jones Industrial Average rose 34.9 points, or 0.09 per cent, at the open to 39800.59.
The S&P 500 rose 7.9 points, or 0.15 per cent, at the open to 5442.36, while the Nasdaq Composite rose 40.0 points, or 0.23 per cent, to 17227.64 at the opening bell. REUTERS
The NY Journals pride themselves on assembling a proficient and dedicated team comprising seasoned journalists and editors. This collective commitment drives us to provide our esteemed readership with nothing short of the most comprehensive, accurate, and captivating news coverage available.
Transcending the bounds of New York City to encompass a broader scope, we ensure that our audience remains well-informed and engaged with the latest developments, both locally and beyond.
© 2024 The New York Journals. All Rights Reserved.
