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Microsoft, energy stocks lift Wall Street at open

Kitco News

(Reuters) - U.S. stocks opened higher on Thursday, boosted by Microsoft Corp and energy stocks, a day after the Federal Reserve cut rates as expected but played down hopes of further monetary easing.

The Dow Jones Industrial Average .DJI rose 38.97 points, or 0.14%, at the open to 27,186.05.

The S&P 500 .SPX opened higher by 3.63 points, or 0.12%, at 3,010.36. The Nasdaq Composite .IXIC gained 16.20 points, or 0.20%, to 8,193.59 at the opening bell.

Reporting by Medha Singh in Bengaluru; Editing by Maju Samuel

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