US: Wall Street opens higher as Powell's speech looms large
[NEW YORK] Wall Street’s main indexes opened higher on Friday as investors awaited Federal Reserve Chair Jerome Powell’s Jackson Hole Symposium speech for insights into the interest-rate path.
The Dow Jones Industrial Average rose 167.4 points, or 0.37 per cent, at the open to 44,952.88.
The S&P 500 rose 14.4 points, or 0.23 per cent, at the open to 6,384.59, while the Nasdaq Composite rose 39.5 points, or 0.19 per cent, to 21,139.826 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.
Share with us your feedback on BT's products and services
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Not retirement, but a rewiring and fresh perspectives post-DBS, says Piyush Gupta
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
Should developers build more one-bedroom condo units?