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US stocks open higher as inflation data fuels rate cut hopes
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The Dow Jones Industrial Average rose 64.73 points, or 0.17%, at the open to 39,013.75.
The S&P 500 opened higher by 15.60 points, or 0.31%, at 5,085.36, while the Nasdaq Composite gained 111.60 points, or 0.70%, to 16,059.34 at the opening bell.
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About this in other media
World markets today: US stocks surge after inflation data, Nasdaq up 1% livemint.com /9 months ago
World markets today: US stocks dip as investors await inflation data livemint.com /9 months ago
Oil prices rise 2% on smaller build in US crude stocks as Fed signals rate cuts in 2024; Brent nears $84/bbl livemint.com /9 months ago
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