Wall Street opens higher on hopes of monetary stimulus
Sept 9 (Reuters) - U.S. stocks opened higher for the fourth straight session on Monday, as mixed global economic data lifted expectations of monetary stimulus from central banks, including the U.S. Federal Reserve.
The Dow Jones Industrial Average .DJI rose 68.77 points, or 0.26%, at the open to 26,866.23.
The S&P 500 .SPX opened higher by 9.72 points, or 0.33%, at 2,988.43. The Nasdaq Composite .IXIC gained 27.84 points, or 0.34%, to 8,130.91 at the opening bell.
(Reporting by Shreyashi Sanyal in Bengaluru; Editing by Shinjini Ganguli)
((Shreyashi.Sanyal@thomsonreuters.com; +1 646 223 8780))
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Latest Markets Videos
- Tesla removed from S&P 500 ESG index on autopilot, discrimination concerns
- US STOCKS-Wall Street ends sharply lower as Target and growth stocks sink
- EXCLUSIVE-Facebook-owner Meta tells hardware staffers to prepare for cutbacks
- Powell says Fed to 'keep pushing' rates higher until clear inflation is falling