US: Wall Street opens higher as Powell's speech looms large

    • The Dow Jones Industrial Average rose 167.4 points, or 0.37 per cent, at the open to 44,952.88.
    • The Dow Jones Industrial Average rose 167.4 points, or 0.37 per cent, at the open to 44,952.88. PHOTO: REUTERS
    Published Fri, Aug 22, 2025 · 09:43 PM

    [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

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