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US: Wall St rises at open as Treasury yields retreat, Fed minutes awaited

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Published Wed, Oct 11, 2023 · 09:43 PM
    • The Dow Jones Industrial Average rose 82.90 points, or 0.25 per cent, at the open to 33,822.20.
    • The Dow Jones Industrial Average rose 82.90 points, or 0.25 per cent, at the open to 33,822.20. PHOTO: REUTERS

    WALL Street’s main indexes opened higher on Wednesday (Oct 11) as US Treasury yields continued to retreat, while investors assessed the latest inflation data and awaited minutes from the Federal Reserve’s last policy meeting.

    The Dow Jones Industrial Average rose 82.90 points, or 0.25 per cent, at the open to 33,822.20.

    The S&P 500 opened higher by 8.35 points, or 0.19 per cent, at 4,366.59, while the Nasdaq Composite gained 56.37 points, or 0.42 per cent, to 13,619.21 at the opening bell. REUTERS

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