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US STOCKS SNAPSHOT-Wall St ticks up as traders stick to rate-cut bets after data deluge
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US STOCKS SNAPSHOT-Wall St ticks up as traders stick to rate-cut bets after data deluge
Mar 14, 2024 6:53 AM

March 14 (Reuters) - Wall Street's main indexes opened

slightly higher on Thursday, as investors stuck to bets of the

Federal Reserve easing interest rates in the coming months after

data showing hotter-than-expected inflation and

weaker-than-expected consumer spending.

The Dow Jones Industrial Average rose 79.07 points,

or 0.20%, at the open to 39,122.39.

The S&P 500 opened higher by 9.83 points, or 0.19%,

at 5,175.14, while the Nasdaq Composite gained 31.43

points, or 0.19%, to 16,209.19 at the opening bell.

(Reporting by Bansari Mayur Kamdar in Bengaluru)

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