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US stocks open higher as investors pin hopes on Fed rate cuts

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December 19, 2023
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US stocks open higher as investors pin hopes on Fed rate cuts
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Wall Street’s main stock indexes opened higher on Tuesday, building on strong gains in recent weeks as investors continued to bet on a policy pivot by the Federal Reserve next year.

The Dow Jones Industrial Average rose 5.80 points, or 0.02%, at the open to 37,311.82.

The S&P 500 opened higher by 3.16 points, or 0.07%, at 4,743.72, while the Nasdaq Composite gained 17.82 points, or 0.12%, to 14,923.02 at the opening bell.

More to come….

Tags: cutsDow JonesfedhigherhopesinvestorsnasdaqopenPinrateS&P500stocksUS stockswall street todaywall street watch
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