Wall Street’s main indexes opened higher on Friday (Aug 30) after a key inflation report reiterated price pressures were moderating, cementing bets for an interest-rate cut at the Federal Reserve’s September meeting.
The Dow Jones Industrial Average rose 31.11 points, or 0.08 per cent, at the open to 41,366.16.
The S&P 500 opened higher by 20.78 points, or 0.37 per cent, at 5,612.74, while the Nasdaq Composite gained 134.06 points, or 0.77 per cent, to 17,650.49 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.
