Renewable Energy

Wall Street opens higher on energy gains, rate cut hopes

Credit: REUTERS/Brendan McDermid

U.S. stocks opened higher on Thursday, led by gains in energy shares, with hopes of an interest rate cut adding to the upbeat mood.

June 13 (Reuters) - U.S. stocks opened higher on Thursday, led by gains in energy shares, with hopes of an interest rate cut adding to the upbeat mood.

The Dow Jones Industrial Average .DJI rose 32.11 points, or 0.12%, at the open to 26,036.94.

The S&P 500 .SPX opened higher by 6.40 points, or 0.22%, at 2,886.24. The Nasdaq Composite .IXIC gained 29.84 points, or 0.38%, to 7,822.56 at the opening bell.

(Reporting by Amy Caren Daniel in Bengaluru; Editing by Arun Koyyur)

((Amy.CarenDaniel@thomsonreuters.com ; within U.S. +1-646-223-8780; outside U.S. +91 80 6749 9250 ; Reuters Messaging: Amy.CarenDaniel.thomsonreuters.com@reuters.net))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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