Wall Street Boost Amid Federal Reserve Speculations
Wall Street's indexes opened slightly higher as investors looked for clues regarding the Federal Reserve's next policy move, while commodity stocks surged following China's stimulus package announcement.
Wall Street's main indexes opened slightly higher on Tuesday, as investors scoured for clues on what the Federal Reserve's next policy move might be, while commodity stocks got a boost after China unveiled a bumper stimulus package.
The Dow Jones Industrial Average rose 110.3 points, or 0.26%, at the open to 42234.99. The S&P 500 rose 9.1 points, or 0.16%, at the open to 5727.66, while the Nasdaq Composite rose 72.2 points, or 0.40%, to 18046.44 at the opening bell.
(With inputs from agencies.)
Advertisement