The Business Times
business-time-50

US: Wall St rises as July inflation data fuels Fed rate pause hopes

google-preferred-sourceAdd BT as a preferred source
Published Thu, Aug 10, 2023 · 09:42 PM
    • The S&P 500 opened higher by 19.45 points, or 0.44 per cent, at 4,487.16, while the Nasdaq Composite gained 96.24 points, or 0.70 per cent, to 13,818.25.
    • The S&P 500 opened higher by 19.45 points, or 0.44 per cent, at 4,487.16, while the Nasdaq Composite gained 96.24 points, or 0.70 per cent, to 13,818.25. PHOTO: AFP

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    WALL Street’s main indexes opened higher on Thursday (Aug 10) after milder-than-feared July consumer prices data fuelled hopes the Federal Reserve could leave interest rates on hold next month.

    The Dow Jones Industrial Average rose 108.18 points, or 0.31 per cent, at the open to 35,231.54.

    The S&P 500 opened higher by 19.45 points, or 0.44 per cent, at 4,487.16, while the Nasdaq Composite gained 96.24 points, or 0.70 per cent, to 13,818.25 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

    Andrew Lee, chairman of OCBC (right), and group chief executive Tan Teck Long speaking at Thursday's (Apr 16) AGM.

    Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman

    Marco Beltgens, assistant vice-president of global franchising for the Asia-Pacific at Enterprise Mobility, with Charmain Kwee, group executive director of Eurokars Group.

    Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore

    The iconic rainbow blocks of Rochor Centre were demolished in 2018 to 2019 to make way for the North-South Corridor.

    20 photos that show how dramatically Singapore has changed in two decades

    Key exports to all but four of Singapore’s top 10 markets have risen in March.

    Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts

    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