Dow Jones logs cautious gains as inflation fears ebb

Dow Jones logs cautious gains as inflation fears ebb


U.S. stocks opened slightly higher on Friday as inflation data calmed concerns over a possible long-term spike in consumer prices, while investors looked to next week’s Federal Reserve meeting for more cues on monetary policy.

The Dow Jones Industrial Average rose 75.29 points, or 0.22%, in early deals to 34,541.53.

The S&P 500 gained 6.28 points, or 0.15 per cent, to 4,245.46.

The Nasdaq Composite climbed 22.70 points, or 0.16%, to 14,043.03.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *