US: Wall St opens higher after US GDP data
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[NEW YORK] Wall Street opened higher on Thursday after data showed US economy grew at its fastest pace in more than two years in the third quarter, while investors eyed gains from sweeping corporate tax cuts passed by Congress this week.
The Dow Jones Industrial Average rose 64.55 points, or 0.26 per cent, to 24,791.2. The S&P 500 gained 5.37 points, or 0.200429 per cent, to 2,684.62. The Nasdaq Composite added 12.03 points, or 0.17 per cent, to 6,972.99.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Singaporeans can now buy record amount of yen per Singdollar