The Business Times
business-time-50

US: Wall St opens subdued as investors await Fed rate clues, data

google-preferred-sourceAdd BT as a preferred source
Published Wed, Sep 25, 2024 · 09:53 PM
    • The S&P 500 fell 0.7 points, or 0.01 per cent, at the open to 5,733.65​, while the Nasdaq Composite dropped 24.2 points, or 0.13 per cent, to 18,050.357 at the opening bell.
    • The S&P 500 fell 0.7 points, or 0.01 per cent, at the open to 5,733.65​, while the Nasdaq Composite dropped 24.2 points, or 0.13 per cent, to 18,050.357 at the opening bell. PHOTO: REUTERS

    WALL Street had a subdued start on Wednesday (Sep 25), with investors awaiting further indicators on the state of the economy and potential interest rate reductions, a week after the Federal Reserve initiated its policy relaxation cycle.

    The Dow Jones Industrial Average rose 27.9 points, or 0.07 per cent, at the open to 42,236.09.

    The S&P 500 fell 0.7 points, or 0.01 per cent, at the open to 5,733.65​, while the Nasdaq Composite dropped 24.2 points, or 0.13 per cent, to 18,050.357 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.

    S&P 500NasdaqDow Jones

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

    Feedback

    TRENDING NOW

    Singapore’s next chapter should not be framed as a choice between economic growth and social well-being. We need both.

    Singapore at 61: How we can ensure opportunity, security and ownership for the next generation

    Clockwise from top left: The founders of ImmunoQs, AI Seer and DancingMind. All three startups are based at JTC Corp’s LaunchPad @ one-north.

    With tech for fact-checking to cancer care, Singapore startups aim beyond home 

    The Vietnamese economy has long relied heavily on bank lending, straining commercial banks as they shoulder the bulk of the financing needed by companies and large infrastructure projects.

    Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks

    Singapore consistently champions the open, rules-based order and the principle of Asean centrality that underpins regional and global stability.

    Why Asean matters more than ever to the UK and Singapore

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More