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US stocks open higher as investors await Powell's speech
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US stocks opened higher on Friday ahead of a keenly awaited speech by Federal Reserve Chair Jerome Powell at the Jackson Hole summit that could indicate the central bank's interest rate move at its next meeting in September.
The Dow Jones Industrial Average rose 117.64 points, or 0.34%, at the open to 34,217.06.
The S&P 500 opened higher by 13.07 points, or 0.30%, at 4,389.38, while the Nasdaq Composite gained 50.40 points, or 0.37%, to 13,514.37 at the opening bell.
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About this in other media
US stock market: S&P 500, Dow ends higher as investors await US inflation, jobs data economictimes.indiatimes.com /8 months ago
Powell Speech Fallout: Tech Stocks to Face Resistance; Gold, Silver to Rally? investing.com /8 months ago
US stocks open higher as focus shifts to economic data for interest rate cues economictimes.indiatimes.com /8 months ago
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