US: Wall St opens higher as investors await CPI data, Fed decision

Published Mon, Dec 12, 2022 · 10:53 PM
    • The Dow Jones Industrial Average rose 43.04 points, or 0.13 per cent, at the open to 33,519.50.
    • The Dow Jones Industrial Average rose 43.04 points, or 0.13 per cent, at the open to 33,519.50. PHOTO: BLOOMBERG

    WALL Street’s main indexes opened higher on Monday as investors awaited inflation data and the Federal Reserve’s policy decision later this week to gauge the U.S. economic outlook amid worries of a recession.

    The Dow Jones Industrial Average rose 43.04 points, or 0.13 per cent, at the open to 33,519.50.

    The S&P 500 opened higher by 4.91 points, or 0.12 per cent, at 3,939.29, while the Nasdaq Composite gained 10.86 points, or 0.10 per cent, to 11,015.48 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.

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