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Wall St opens higher as easing oil prices boost Fed hike relief

Kitco Media
By Reuters
Published:
Updated:
Reuters
Wall St opens higher as easing oil prices boost Fed hike relief teaser image

Sept 17 (Reuters) - The major US stock indexes opened ​higher on Thursday ‌as retreating oil prices boosted sentiment, with ​the Federal Reserve's ​first rate hike under ⁠Chair Kevin Warsh ​reassuring investors of ​its commitment to reining in inflation.

The Dow Jones Industrial ​Average (.DJI),  rose ​420.6 points, or 0.82%, at ‌the ⁠open to 51,882.53. The S&P 500 (.SPX), rose 79.6 points, or ​1.05%, ​at ⁠the open to 7,631.44, while ​the Nasdaq Composite (.IXIC),  ​rose ⁠399.4 points, or 1.54%, to 26,377.864.

Reporting ⁠by ​Niket Nishant ​and Tharuniyaa Lakshmi in Bengaluru; ​Editing by Maju Samuel

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