Aug 13 (Reuters) – Wall Street’s main indexes opened higher on Thursday as crude oil prices fell, improving risk appetite, while investors parsed a softer-than-expected producer price inflation reading. The Dow Jones Industrial Average rose 58.3 points, or 0.11%, at the open to 53828.55. The S&P 500 rose 14.7 points, or 0.19%, at the open […]
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Wall St opens higher as investors weigh weaker oil, PPI data
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Aug 13 (Reuters) – Wall Street’s main indexes opened higher on Thursday as crude oil prices fell, improving risk appetite, while investors parsed a softer-than-expected producer price inflation reading.
The Dow Jones Industrial Average rose 58.3 points, or 0.11%, at the open to 53828.55. The S&P 500 rose 14.7 points, or 0.19%, at the open to 7763.18, while the Nasdaq Composite rose 42.9 points, or 0.16%, to 26631.341 at the opening bell.
(Reporting by Avinash P in Bengaluru)