Wall Street Opens Higher on Peak Interest Rate Bets

November 30, 2023Updated: November 30, 2023

Wall Street’s main indexes gained at open on Thursday as the latest reading of a key inflation report supported investor hopes that U.S. interest rates have peaked.

The Dow Jones Industrial Average rose 166.15 points, or 0.47 percent, at the open to 35,596.57. The S&P 500 opened higher by 4.29 points, or 0.09 percent, at 4,554.87, while the Nasdaq Composite gained 6.56 points, or 0.05 percent, to 14,265.05 at the opening bell.

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