Wall Street's Surge Amid Economic Prospects

Wall Street's major indexes opened higher on Friday as investors focused on forthcoming economic data and anticipated potential policy changes with the Trump administration. The Dow Jones, S&P 500, and Nasdaq Composite all saw significant increases at the market's opening.


Devdiscourse News Desk | Updated: 03-01-2025 20:06 IST | Created: 03-01-2025 20:06 IST
Wall Street's Surge Amid Economic Prospects
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Wall Street's main indexes experienced an upswing on Friday morning as investors remained vigilant over forthcoming economic indicators and prepared for the potential policy shifts anticipated under the incoming Trump administration.

The Dow Jones Industrial Average climbed 103.5 points, or 0.24%, reaching an opening position of 42,495.76. Concurrently, the S&P 500 witnessed a rise of 22.5 points, or 0.38%, opening at 5,891.07.

The Nasdaq Composite was not left behind, as it surged by 114.7 points, or 0.59%, landing at 19,395.511 as the market began its session.

(With inputs from agencies.)

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