US: Wall St opens higher after inflation data keeps rate cut bets firm
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[NEW YORK] Wall Street’s main indexes opened slightly higher on Thursday (Sep 11) after the latest inflation reading kept the US central bank on track to deliver an interest rate cut later this month.
The Dow Jones Industrial Average rose 86.2 points, or 0.19 per cent, at the open to 45,577.09.
The S&P 500 rose 22.4 points, or 0.34 per cent, to 6,554.41, while the Nasdaq Composite rose 91.5 points, or 0.42 per cent, to 21,977.515. 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
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
