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US: Wall St opens flat as traders brace for economic data

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Published Tue, Feb 27, 2024 · 10:46 PM
    • The S&P 500 opened higher by 5.07 points, or 0.10 per cent, at 5,074.60, while the Nasdaq Composite gained 37.73 points, or 0.24 per cent, to 16,013.98 at the opening bell.
    • The S&P 500 opened higher by 5.07 points, or 0.10 per cent, at 5,074.60, while the Nasdaq Composite gained 37.73 points, or 0.24 per cent, to 16,013.98 at the opening bell. PHOTO: BLOOMBERG

    WALL Street’s main indexes opened flat on Tuesday (Feb 27) as investors awaited a crucial inflation report and other economic data that would shape expectations for interest-rate cuts and test the recent rally.

    The Dow Jones Industrial Average rose 18.67 points, or 0.05 per cent, at the open to 39,087.90.

    The S&P 500 opened higher by 5.07 points, or 0.10 per cent, at 5,074.60, while the Nasdaq Composite gained 37.73 points, or 0.24 per cent, to 16,013.98 at the opening bell. REUTERS

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