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The Epoch Times
The Epoch Times
26 May 2023


NextImg:Wall Street Opens Higher on Hopes of Debt Deal Breakthrough

Wall Street’s main indexes opened higher on Friday, buoyed by progress in negotiations over raising the U.S. debt ceiling, though data pointing to slightly hotter-than-expected inflation capped gains.

The Dow Jones Industrial Average rose 30.85 points, or 0.09 percent, at the open to 32,795.50. The S&P 500 opened higher by 4.88 points, or 0.12 percent, at 4,156.16, while the Nasdaq Composite gained 38.32 points, or 0.30 percent, to 12,736.42 at the opening bell.