US stocks open higher, spotlight on Fed
[NEW YORK] The main US stock indexes opened higher on Wednesday (Jun 17), as chip stocks rebounded ahead of the first interest rate decision under new Federal Reserve Chair Kevin Warsh.
At 09:30 am ET, the Dow Jones Industrial Average rose 11.12 points, or 0.02 per cent, to 52,010.79.
The S&P 500 gained 8.44 points, or 0.11 per cent, to 7,519.79 and the Nasdaq Composite gained 113.22 points, or 0.43 per cent, to 26,489.56. REUTERS
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
Grab CEO’s wife Chloe Tong on life with Anthony Tan and finding her purpose
Hwa Seng Builder, two China companies win S$1.2 billion Tuas Road Viaduct phase two contracts
Deal between tycoon friends sparks scrutiny of Philippine power sector
Canada is upping oil flows to Asia, but South-east Asia’s refineries aren’t ready to handle them yet