Wall Street’s main indexes opened higher on Friday as investors looked past hawkish comments from a top Federal Reserve official that had fanned fears of aggressive interest rate hikes from the central bank.
The Dow Jones Industrial Average (.DJI) rose 60.3 points, or 0.18%, at the open to 33,606.59. The S&P 500 (.SPX) rose 19.8 points, or 0.50%, at the open to 3,966.39, while the Nasdaq Composite (.IXIC) rose 112.0 points, or 1.01%, to 11,257.007 at the opening bell.