March 23 (Reuters) - Wall Street's main indexes opened
higher on Thursday after the Federal Reserve hinted it was close
to pausing interest rate hikes amid a turmoil in the banking
sector that threatens to cause a severe economic downturn.
The Dow Jones Industrial Average rose 71.38 points,
or 0.22%, at the open to 32,101.49.
The S&P 500 opened higher by 22.24 points, or 0.56%,
at 3,959.21, while the Nasdaq Composite gained 141.36
points, or 1.21%, to 11,811.32 at the opening bell.
(Reporting by Amruta Khandekar
Editing by Vinay Dwivedi)
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