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The Epoch Times
The Epoch Times
29 Mar 2023


NextImg:Wall Street Opens Higher as Banking Crisis Fears Ebb

Wall Street’s main indexes opened higher on Wednesday as easing worries about a banking crisis lifted risk sentiment, while investor expectations rose about a pause in the Federal Reserve’s interest rate hikes.

The Dow Jones Industrial Average rose 172.29 points, or 0.53 percent, at the open to 32,566.54. The S&P 500 opened higher by 28.26 points, or 0.71 percent, at 3,999.53, while the Nasdaq Composite gained 139.51 points, or 1.19 percent, to 11,855.59 at the opening bell.