US: Wall St opens higher after Fed indicates more rate cuts
Add BT as a preferred source
[NEW YORK] Wall Street’s main indexes opened higher on Thursday (Sep 18), a day after the US central bank delivered a quarter-point interest rate cut, while chipmaker Intel climbed after Nvidia decided to build a stake in the company.
The Dow Jones Industrial Average rose 38.2 points, or 0.08 per cent, at the open to 46,056.55.
The S&P 500 rose 26.5 points, or 0.40 per cent, to 6,626.85, while the Nasdaq Composite rose 177.8 points, or 0.80 per cent, to 22,439.111. 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
Singapore Kitchen CEO, senior manager charged with alleged fraud, falsifying accounts; both to stay in jobs for now
How the ultra-rich buy property
Profit with purpose: Kim Choo Kueh Chang’s pivot from public listing to protecting heritage
Jardines has survived wars and market collapses. Can it survive the digital age?
