Sept 10 (Reuters) - The S&P 500 and the Nasdaq hit
intraday record highs at the open on Wednesday, after
cooler-than-expected producer inflation data boosted bets on
interest-rate cuts by the Federal Reserve, while a surge in
cloud computing firm Oracle added to gains.
The Dow Jones Industrial Average rose 20.2 points, or
0.04%, at the open to 45,731.5. The S&P 500 rose 37.7
points, or 0.58%, at the open to 6,550.29, while the Nasdaq
Composite rose 101.1 points, or 0.46%, to 21,980.601 at
the opening bell.