The Business Times

US: Wall Street opens higher following Friday's dramatic selloff

Summarise
    • The Dow Jones Industrial Average rose 135.4 points, or 0.31 per cent, at the open to 43724.02. The S&P 500 rose 33.7 points, or 0.5 per cent, to 6271.71​, while the Nasdaq Composite rose 203.8 points, or 1 per cent, to 20853.907.
    • The Dow Jones Industrial Average rose 135.4 points, or 0.31 per cent, at the open to 43724.02. The S&P 500 rose 33.7 points, or 0.5 per cent, to 6271.71​, while the Nasdaq Composite rose 203.8 points, or 1 per cent, to 20853.907. PHOTO: BLOOMBERG
    Published Mon, Aug 4, 2025 · 09:46 PM

    WALL Street’s main indexes opened higher on Monday (Aug 4) after a sharp pullback in the previous session, as markets priced in prospects of deeper rate cuts by the Federal Reserve following a surprisingly soft jobs report.

    The Dow Jones Industrial Average rose 135.4 points, or 0.31 per cent, at the open to 43724.02. The S&P 500 rose 33.7 points, or 0.5 per cent, to 6271.71​, while the Nasdaq Composite rose 203.8 points, or 1 per cent, to 20853.907.

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