US: Wall Street opens higher after Jackson Hole shock

WALL Street’s main indexes opened higher on Tuesday (Aug 30) after two sessions of losses on fears of aggressive policy tightening by the Federal Reserve, with investors looking ahead to data on consumer confidence and job openings later in the day.

The Dow Jones Industrial Average rose 64.85 points, or 0.20 per cent, at the open to 32,163.84.

The S&P 500 opened higher by 10.64 points, or 0.26 per cent, at 4,041.25, while the Nasdaq Composite gained 75.39 points, or 0.63 per cent, to 12,093.06 at the opening bell. REUTERS