US: Wall Street rises after selloff, labour data on tap
US stock indexes opened slightly higher on Wednesday (Mar 8) after a selloff in the previous session, with investors awaiting more comments from Federal Reserve chair Jerome Powell and job openings data.
The Dow Jones Industrial Average rose 15.62 points, or 0.05 per cent, at the open to 32,872.08.
The S&P 500 opened higher by 1.18 points, or 0.03 per cent, at 3,987.55, while the Nasdaq Composite gained 22.75 points, or 0.20 per cent, to 11,553.09 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
Is it time to scrap COE categories for cars?
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
As more Asean states turn to Russia for fuel, will Moscow boost its influence in the region?