US: Wall St opens higher after Fed indicates more rate cuts
Wall Street’s main indexes opened higher on Thursday (Sep 18), a day after the US central bank delivered a quarter-point interest rate cut, while chipmaker Intel climbed after Nvidia decided to build a stake in the company.
The Dow Jones Industrial Average rose 38.2 points, or 0.08 per cent, at the open to 46,056.55.
The S&P 500 rose 26.5 points, or 0.40 per cent, to 6,626.85, while the Nasdaq Composite rose 177.8 points, or 0.80 per cent, to 22,439.111. REUTERS
Originally published by businesstimes.com.sg. Syndicated material does not necessarily reflect the views of Grazia British.
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