US: Wall St rises as yields slip, traders assess economic data

WALL Street’s main indexes opened higher on Wednesday (Nov 22), helped by bets that the Federal Reserve had reached the end of its rate hikes and a slide in longer-dated Treasury yields, while traders assessed the latest batch of economic data.

The Dow Jones Industrial Average rose 101.04 points, or 0.29 per cent, at the open to 35,189.33.

The S&P 500 opened higher by 14.85 points, or 0.33 per cent, at 4,553.04, while the Nasdaq Composite gained 83.84 points, or 0.59 per cent, to 14,283.82 at the opening bell. REUTERS