off-the-wire

Wall St opens slightly higher on rising bets of bigger Fed rate cut

Kitco Media
By Reuters
Published:
Updated:
Reuters
Wall St opens slightly higher on rising bets of bigger Fed rate cut teaser image

Sept 13 (Reuters) - Wall Street opened slightly higher on Friday as investors reevaluated the possibility of a bigger interest rate cut by the Federal Reserve next week.

The Dow Jones Industrial Average (.DJI), opens new tab rose 56.9 points, or 0.14%, at the open to 41153.7. The S&P 500 (.SPX), opens new tab rose 7.6 points, or 0.14%, at the open to 5603.34​, while the Nasdaq Composite (.IXIC), opens new tab rose 5.6 points, or 0.03%, to 17575.258 at the opening bell.

Reporting by Shashwat Chauhan in Bengaluru; Editing by Shounak Dasgupta

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