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US stocks open slightly higher on rising bets of bigger Fed rate cut
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Wall Street opened slightly higher on Friday as investors reevaluated the possibility of a bigger interest rate cut by the Federal Reserve next week.
The Dow Jones Industrial Average rose 56.9 points, or 0.14%, at the open to 41153.7. The S&P 500 rose 7.6 points, or 0.14%, at the open to 5603.34, while the Nasdaq Composite rose 5.6 points, or 0.03%, to 17575.258 at the opening bell.
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