May 10 (Reuters) - Wall Street's main indexes opened
higher on Wednesday as U.S. consumer prices rose at a slightly
slower-than-expected pace last month in a sign that the Federal
Reserve's rapid interest rate hikes were yielding result.
The Dow Jones Industrial Average rose 145.39 points,
or 0.43%, at the open to 33,707.20.
The S&P 500 opened higher by 24.57 points, or 0.60%,
at 4,143.74, while the Nasdaq Composite gained 107.11
points, or 0.88%, to 12,286.66 at the opening bell.
(Reporting by Shristi Achar A in Bengaluru; Editing by Arun
Koyyur)
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.