US: Wall St opens higher on strong retail earnings

Published Thu, Aug 22, 2019 · 01:56 PM

US stocks opened higher on Thursday, as strong results from retailers including Nordstrom reinforced confidence in consumer demand, while investors look ahead to Fed chief Jerome Powell's speech for more clues on future interest rate moves.

The Dow Jones Industrial Average rose 68.91 points or 0.26 per cent at the open to 26,271.64.

The S&P 500 opened higher by 6.51 points or 0.22 per cent at 2,930.94.

The Nasdaq Composite gained 18.58 points or 0.23 per cent to 8,038.79.

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Companies & Markets

US: Wall St opens higher on strong retail earnings

KEYWORDS IN THIS ARTICLE

Capital Markets & Currencies

Singapore stocks end lower after US market wobbles ahead of CPI data; STI down 0.2%

LSEG reports in-line first quarter as Microsoft partnership progresses

Japan brokerage Daiwa’s Q4 profit more than doubles as markets recover

South Korea readies new system to detect illegal short-selling

Asia: Markets mixed as global rally stalls, eyes on yen

Singapore shares retreat at Thursday’s open; STI down 1.1%

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