SNAPSHOT Wall St inches higher at open on rate-cut hopes; Fed speakers eyed

A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 27, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights

Nov 6 (Reuters) – Wall Street’s main indexes edged higher at open on expectations that the Federal Reserve was done with its monetary tightening, while investors geared up for commentary by a slew of policymakers later in the week.

The Dow Jones Industrial Average (.DJI) rose 31.29 points, or 0.09%, at the open to 34,092.61.

The S&P 500 (.SPX) opened higher by 5.93 points, or 0.14%, at 4,364.27, while the Nasdaq Composite (.IXIC) gained 35.80 points, or 0.27%, to 13,514.08 at the opening bell.

Reporting by Shristi Achar A in Bengaluru; Editing by Maju Samuel

vCard QR Code

vCard.red is a free platform for creating a mobile-friendly digital business cards. You can easily create a vCard and generate a QR code for it, allowing others to scan and save your contact details instantly.

The platform allows you to display contact information, social media links, services, and products all in one shareable link. Optional features include appointment scheduling, WhatsApp-based storefronts, media galleries, and custom design options.

Our Standards: The Thomson Reuters Trust Principles.

Acquire Licensing Rights, opens new tab
source: reuters.com


🕐 Top News in the Last Hour By Importance Score

# Title 📊 i-Score
1 Russian drone attacks on several Ukrainian regions overnight after ‘Easter ceasefire’ ends, says Ukraine’s military – Russia-Ukraine war live 🔴 75 / 100
2 ASK DR ELLIE: Covid left me feeling dizzy all the time… how do I end this nightmare? 🔴 75 / 100
3 American city faces dire 'wealth spiral' as its most famed resident goes to war with Trump 🔴 72 / 100
4 Chinese orbital logistics startup InfinAstro raises angel round funding 🔴 72 / 100
5 I have rare brain condition that means I'm 'severed' like characters from hit Apple TV show 🔴 65 / 100
6 Labour may axe green levies to save steel 🔴 65 / 100
7 Cooking pasta in 'authentic' way will reduce the carbohydrates intake 🔵 60 / 100
8 Lucy Shuker: ‘I took up the sport to find me. It wasn’t to be a Paralympian’ 🔵 52 / 100
9 What If Silent Hills Curse Started in Japan? 🔵 35 / 100
10 Kristen Stewart Marries Dylan Meyer After 6 Years of Dating: Report 🔵 30 / 100

View More Top News ➡️