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Wall Street opens higher as year end approaches, rate cuts in focus
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Wall Street's main indexes opened higher in light trading on the penultimate trading day of 2023, while the benchmark S&P 500 hovered around its all-time high on hopes of early interest rate cuts next year.
The Dow Jones Industrial Average rose 5.00 points, or 0.01%, at the open to 37,661.52.
The S&P 500 opened higher by 4.86 points, or 0.10%, at 4,786.44, while the Nasdaq Composite gained 42.92 points, or 0.28%, to 15,142.10 at the opening bell.
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