Categories
Audio Sources - Full Text Articles

SNAPSHOT Wall St opens higher as jobless claims data calm rate hike jitters

Listen to this article
2022-12-29T14:33:01Z

A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 14, 2022. REUTERS/Andrew Kelly

Wall Street’s main indexes opened higher on Thursday as data pointing to signs of a cooling labor market eased worries over future interest rate hikes by the U.S. Federal Reserve.

The Dow Jones Industrial Average (.DJI) rose 145.72 points, or 0.44%, at the open to 33,021.43. The S&P 500 (.SPX) opened higher by 22.23 points, or 0.59%, at 3,805.45, while the Nasdaq Composite (.IXIC) gained 108.17 points, or 1.06%, to 10,321.46 at the opening bell.