US: Wall St opens higher as investors eye inflation data, Fed verdict

US STOCK indexes rose on Monday (Jun 12), with the benchmark S&P 500 and the tech-heavy Nasdaq hovering near 2023 highs as investors awaited inflation data and the Federal Reserve’s interest rate decision this week.

The Dow Jones Industrial Average rose 30.02 points, or 0.09 per cent, at the open to 33,906.80. The S&P 500 opened higher by 9.46 points, or 0.22 per cent, at 4,308.32, while the Nasdaq Composite gained 67.23 points, or 0.51 per cent, to 13,326.37 at the opening bell. REUTERS