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The Epoch Times
The Epoch Times
2 Nov 2023


NextImg:Wall Street Opens Higher on Bets of End to Fed's Rate Hikes

Wall Street's main indexes opened higher on Thursday on hopes that the U.S. Federal Reserve had reached the end of its tightening campaign, while a raft of upbeat corporate updates added to the bullish mood.

The Dow Jones Industrial Average rose 183.24 points, or 0.55 percent, at the open to 33,457.82. The S&P 500 opened higher by 30.40 points, or 0.72 percent, at 4,268.26, while the Nasdaq Composite gained 169.02 points, or 1.29 percent, to 13,230.49 at the opening bell.