US: Wall Street opens higher on rate cut hopes; earnings in spotlight
Add BT as a preferred source
[NEW YORK] Wall Street futures opened higher on Tuesday (Aug 5), supported by ongoing optimism over potential Federal Reserve interest rate cuts, while investors assessed a fresh batch of corporate earnings.
The Dow Jones Industrial Average rose 26.4 points, or 0.06 per cent, at the open to 44200.07. The S&P 500 rose 6.7 points, or 0.11 per cent, to 6336.63, while the Nasdaq Composite rose 38.5 points, or 0.18 per cent, to 21092.097.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
Buyer for England striker Harry Kane’s former mansion must pay £3.4 million after abandoning deal
Ohmyhome Ltd sells real estate business for token US$1 due to poor business and continued losses
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
