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US stocks open higher after July inflation data
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Wall Street's main indexes opened higher on Friday after a key inflation report reiterated price pressures were moderating, cementing bets for an interest-rate cut at the Federal Reserve's September meeting.
The Dow Jones Industrial Average rose 31.11 points, or 0.08%, at the open to 41,366.16. The S&P 500 opened higher by 20.78 points, or 0.37%, at 5,612.74, while the Nasdaq Composite gained 134.06 points, or 0.77%, to 17,650.49 at the opening bell.
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