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US: Wall St ticks up as traders stick to rate-cut bets after data deluge

by Riah Marton
in Real Estate
US: Wall St ticks up as traders stick to rate-cut bets after data deluge
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WALL Street’s main indexes opened slightly higher on Thursday (Mar 14), as investors stuck to bets of the Federal Reserve easing interest rates in the coming months after data showing hotter-than-expected inflation and weaker-than-expected consumer spending.

The Dow Jones Industrial Average rose 79.07 points, or 0.20 per cent, at the open to 39,122.39.

The S&P 500 opened higher by 9.83 points, or 0.19 per cent, at 5,175.14, while the Nasdaq Composite gained 31.43 points, or 0.19 per cent, to 16,209.19 at the opening bell. REUTERS

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Tags: BetsDatadelugeratecutStickticksTradersWall
Riah Marton

Riah Marton

I'm Riah Marton, a dynamic journalist for Forbes40under40. I specialize in profiling emerging leaders and innovators, bringing their stories to life with compelling storytelling and keen analysis. I am dedicated to spotlighting tomorrow's influential figures.

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