Wall Street Rises at Open as Treasury Yields Retreat, Fed Minutes Awaited

October 11, 2023Updated: October 11, 2023

Wall Street’s main indexes opened higher on Wednesday as U.S. Treasury yields continued to retreat, while investors assessed the latest inflation data and awaited minutes from the Federal Reserve’s last policy meeting.

The Dow Jones Industrial Average rose 82.90 points, or 0.25 percent, at the open to 33,822.20.

The S&P 500 opened higher by 8.35 points, or 0.19 percent, at 4,366.59, while the Nasdaq Composite gained 56.37 points, or 0.42 percent, to 13,619.21 at the opening bell.

Nationwide Ground Stop Lifted After More Than 5 Hours
RELATED
Global Stocks Tick Higher Ahead of Fed Minutes and US Inflation