US STOCKS SNAPSHOT-Wall Street opens higher after recent selloff

Follow us on Google News:
 US STOCKS SNAPSHOT-Wall Street opens higher after recent selloff
Image source: ©2022 Kalkine Media®

Dec 8 (Reuters) - Wall Street's main indexes opened higher on Thursday following a recent selloff, sparked by renewed fears that aggressive rate hikes by the U.S. Federal Reserve could tip the world's largest economy into recession.


The Dow Jones Industrial Average rose 98.05 points, or 0.29%, to 33,695.97 at the open. The S&P 500 opened higher by 13.87 points, or 0.35%, at 3,947.79, while the Nasdaq Composite gained 52.78 points, or 0.48%, to 11,011.33 at the opening bell. (Reporting by Ankika Biswas in Bengaluru; Editing by Sherry Jacob-Phillips)

Disclaimer

The above content is directly sourced from Reuters under a contractual arrangement. The content is being provided as a convenience and for informational purposes only; and does not constitute an endorsement or approval by Kalkine Media of any of the products, services, or opinions of the organization or individual. The user is apprised that Kalkine Media bears no responsibility for the accuracy, legality, or content of Reuters, any external sites, or for that of subsequent links. The user is requested to contact Reuters directly for answers to questions regarding the content. Please note that Kalkine Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Featured Articles