US: Wall St opens higher on peak interest rate bets

WALL Street’s main indexes gained at open on Thursday (Nov 30) as the latest reading of a key inflation report supported investor hopes that US interest rates have peaked.

The Dow Jones Industrial Average rose 166.15 points, or 0.47 per cent, at the open to 35,596.57.

The S&P 500 opened higher by 4.29 points, or 0.09 per cent, at 4,554.87, while the Nasdaq Composite gained 6.56 points, or 0.05 per cent, to 14,265.05 at the opening bell. REUTERS