The Business Times
business-time-50

US: Wall St opens higher after retreating on inflation jitters

google-preferred-sourceAdd BT as a preferred source
Published Fri, May 24, 2024 · 09:50 PM
    • The S&P 500 opened higher by 13.61 points, or 0.26 per cent, at 5,281.45, while the Nasdaq Composite gained 50.76 points, or 0.30 per cent, to 16,786.79 at the opening bell.
    • The S&P 500 opened higher by 13.61 points, or 0.26 per cent, at 5,281.45, while the Nasdaq Composite gained 50.76 points, or 0.30 per cent, to 16,786.79 at the opening bell. PHOTO: REUTERS

    THE main US stock indexes opened higher on Friday (May 24), rebounding after Wall Street closed lower in the previous session on signs of persistent inflation that rekindled monetary policy caution ahead of a long weekend.

    The Dow Jones Industrial Average rose 23.97 points, or 0.06 per cent, at the open to 39,089.23.

    The S&P 500 opened higher by 13.61 points, or 0.26 per cent, at 5,281.45, while the Nasdaq Composite gained 50.76 points, or 0.30 per cent, to 16,786.79 at the opening bell. 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.

    S&P 500NasdaqDow Jones

    Share with us your feedback on BT's products and services

    Feedback

    TRENDING NOW

    Nvidia is building ever-larger chips with billions of transistors and increasing amounts of high-bandwidth memory attached.

    Nvidia will soon face a chip limit, warns Huawei’s top scientist

    Cold Storage’s first On The Go store opened at the Esso petrol station in East Coast Road on Aug 3.

    Cold Storage moves into convenience retail with On The Go, to replace FairPrice at 58 Esso stations

    Yeoh Pei Xien is the youngest grandchild of Yeoh Tiong Lay, who founded Malaysian multinational conglomerate YTL Corporation.

    Yeoh Pei Xien: YTL’s third-gen scion with a pastor’s heart

    Zhu Su was said to have bought a Dubai property three weeks before the hedge fund was placed in liquidation in June 2022 after the crash in cryptocurrencies.

    Three Arrows going after founder Zhu Su’s wife for US$40 million from Dubai property sale

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More