Wall Street Rebounds with Positive Opening

Wall Street opened higher on Monday as major indexes showed recovery from last week's downturn. Investors are preparing for upcoming data releases, including U.S. consumer prices. The Dow Jones Industrial Average increased by 0.02%, the S&P 500 by 0.24%, and the Nasdaq Composite by 0.45% at the opening bell.


Devdiscourse News Desk | Updated: 12-08-2024 19:09 IST | Created: 12-08-2024 19:09 IST
Wall Street Rebounds with Positive Opening
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Wall Street opened higher on Monday, with major indexes adding to their recovery from a severe setback earlier last week. Investors are eagerly awaiting a flood of data, including U.S. consumer prices, which could influence the market's next moves.

The Dow Jones Industrial Average edged up 0.02% to 39,500 points.

The S&P 500 gained 0.24%, reaching 5356.23 points, while the Nasdaq Composite rose 0.45% to 16,820 points at the opening bell.

(With inputs from agencies.)

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