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US STOCKS SNAPSHOT-Wall Street opens marginally higher after soft inflation report
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US STOCKS SNAPSHOT-Wall Street opens marginally higher after soft inflation report
Sep 29, 2024 12:24 AM

Sept 27 (Reuters) - Wall Street's main stock indexes

opened higher on Friday, with the S&P 500 near record highs,

after soft inflation data raised expectations that the Federal

Reserve could now focus on shoring up the labor market and

continue easing interest rates.

The Dow Jones Industrial Average rose 52.8 points, or

0.13%, at the open to 42227.95. The S&P 500 rose 10.0

points, or 0.17%, at the open to 5755.36​, while the Nasdaq

Composite rose 38.5 points, or 0.21%, to 18228.778 at

the opening bell.

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