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US STOCKS SNAPSHOT-Wall St opens higher as recent data fuels hopes of rate cuts
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US STOCKS SNAPSHOT-Wall St opens higher as recent data fuels hopes of rate cuts
Apr 4, 2024 7:02 AM

April 4 (Reuters) - Wall Street's main stock indexes

opened higher on Thursday as recent economic reports boosted the

prospect of monetary policy easing later this year, while

investors awaited policymakers to offer clues on the timing of

the cuts.

The Dow Jones Industrial Average rose 216.5 points,

or 0.55%, at the open to 39343.6. The S&P 500 rose 32.6

points, or 0.62%, at the open to 5244.05​, while the Nasdaq

Composite rose 141.1 points, or 0.87%, to 16418.567 at

the opening bell.

(Reporting by Shristi Achar A in Bengaluru; Editing by Shinjini

Ganguli)

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