Salem Radio Network News Friday, February 23, 2024

Business

Wall St opens higher as markets await more policy cues

(Reuters) – Wall Street’s three main indexes opened higher on Thursday as expectations that the Federal Reserve was at the end of its monetary tightening lifted sentiment ahead of further policy cues from central bank officials.

The Dow Jones Industrial Average rose 51.44 points, or 0.15%, at the open to 34,163.71. The S&P 500 opened higher by 8.63 points, or 0.20%, at 4,391.41, while the Nasdaq Composite gained 43.28 points, or 0.32%, to 13,693.70 at the opening bell.

(Reporting by Shristi Achar A and Amruta Khandekar in Bengaluru; Editing by Maju Samuel)

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