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US: Wall St opens higher as data eases inflation concerns

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Published Tue, Jan 31, 2023 · 10:46 PM
    • The Dow Jones Industrial Average rose 86.47 points, or 0.26 per cent, at the open to 33,803.56.
    • The Dow Jones Industrial Average rose 86.47 points, or 0.26 per cent, at the open to 33,803.56. PHOTO: REUTERS

    WALL Street’s main indexes opened higher on Tuesday (Jan 31) after wage growth data pointed to easing inflation ahead of the Federal Reserve’s decision on interest rates.

    The Dow Jones Industrial Average rose 86.47 points, or 0.26 per cent, at the open to 33,803.56.

    The S&P 500 opened higher by 3.08 points, or 0.08 per cent, at 4,020.85, while the Nasdaq Composite gained 4.76 points, or 0.04 per cent, to 11,398.58 at the opening bell. REUTERS

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