US: Wall St opens higher after Fed leaves interest rates alone

WALL Street’s main indexes opened higher on Thursday (May 2), a day after the Federal Reserve left interest rates unchanged and allayed worries around potential rate hikes, with focus moving to a spate of earnings reports through the day.

The Dow Jones Industrial Average rose 172.4 points, or 0.45 per cent, at the open to 38,075.65.

The S&P 500 rose 30.9 points, or 0.62 per cent, at the open to 5,049.32​, while the Nasdaq Composite rose 152.6 points, or 0.98 per cent, to 15,758.113 at the opening bell. REUTERS