The Business Times

US: Wall St rises at open after tame inflation data; Boeing turns higher

Published Wed, Mar 13, 2019 · 01:47 PM
Share this article.

[NEW YORK] US stocks opened higher on Wednesday after a fresh set of economic data supported the Federal Reserve's patient stance on future rate hikes, while Boeing rose for the first time in three days since a fatal crash of its aircraft in Ethiopia.

The Dow Jones Industrial Average rose 82.57 points, or 0.32 per cent, at the open to 25,637.23.

The S&P 500 opened higher by 8.26 points, or 0.30 per cent, at 2,799.78. The Nasdaq Composite gained 30.35 points, or 0.40 per cent, to 7,621.38 at the opening bell.

REUTERS

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Capital Markets & Currencies

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here