Stock Market News

Wall St opens higher as rate-cut bets strengthen

2023.12.26 09:56


© Reuters. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 11, 2023. REUTERS/Brendan McDermid/File Photo

(Reuters) – Wall Street’s main indexes opened higher on Tuesday as growing bets of early rate cuts by the Federal Reserve lifted investor sentiment after Christmas holidays.

The rose 19.93 points, or 0.05%, at the open to 37,405.90. The opened higher by 4.23 points, or 0.09%, at 4,758.86, while the gained 35.72 points, or 0.24%, to 15,028.69 at the opening bell.

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