US: Wall St opens muted as investors weigh chances of June rate pause
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WALL Street’s main indexes opened subdued on Monday (Jun 5) after a solid rally last week, as investors assessed chances of the Federal Reserve pausing interest rate hikes at its upcoming policy meeting.
The Dow Jones Industrial Average rose 8.37 points, or 0.02 per cent, at the open to 33,771.13.
The S&P 500 opened higher by 0.62 points, or 0.01 per cent, at 4,282.99, while the Nasdaq Composite dropped 2.28 points, or 0.02 per cent, to 13,238.48 at the opening bell. REUTERS
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