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US STOCKS SNAPSHOT-Wall St opens higher after Fed allays rate-hike worries
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US STOCKS SNAPSHOT-Wall St opens higher after Fed allays rate-hike worries
May 2, 2024 7:11 AM

May 2 (Reuters) - Wall Street's main indexes opened

higher on Thursday, a day after the Federal Reserve left

interest rates unchanged and allayed worries around potential

rate hikes, with focus moving to a spate of earnings reports

through the day.

The Dow Jones Industrial Average rose 172.4 points,

or 0.45%, at the open to 38,075.65. The S&P 500 rose 30.9

points, or 0.62%, at the open to 5,049.32​, while the Nasdaq

Composite rose 152.6 points, or 0.98%, to 15.758.113 at

the opening bell.

(Reporting by Shristi Achar A in Bengaluru)

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