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Wall St opens higher after retreating on inflation jitters
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Wall St opens higher after retreating on inflation jitters
May 24, 2024 6:44 AM

(Reuters) - The main U.S. stock indexes opened higher on Friday, rebounding after Wall Street closed lower in the previous session on signs of persistent inflation that rekindled monetary policy caution ahead of a long weekend.

The Dow Jones Industrial Average rose 23.97 points, or 0.06%, at the open to 39,089.23. The S&P 500 opened higher by 13.61 points, or 0.26%, at 5,281.45, while the Nasdaq Composite gained 50.76 points, or 0.30%, to 16,786.79 at the opening bell.

(Reporting by Ankika Biswas in Bengaluru; Editing by Devika Syamnath)

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