US: Wall St opens higher on soft landing optimism

WALL Street’s main indexes opened higher on Monday (Sep 9) following heavy losses last week, as investors remained optimistic about soft landing prospects for the US economy ahead of a crucial inflation report later in the week.

The Dow Jones Industrial Average rose 209.7 points, or 0.52 per cent, at the open to 40,555.11.

The S&P 500 rose 33.6 points, or 0.62 per cent, at the open to 5,442.07​, while the Nasdaq Composite rose 144.8 points, or 0.87 per cent, to 16,835.674 at the opening bell. REUTERS