Wall Street Opens Higher, All Eyes on Economic Data

Wall Street Opens Higher, All Eyes on Economic Data
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City on Dec. 15, 2023. Brendan McDermid/Reuters
Reuters
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Wall Street’s main stock indexes opened higher on Monday in the run-up to economic data this week that could offer insights on when the Federal Reserve could start cutting interest rates.

The Dow Jones Industrial Average rose 34.98 points, or 0.12 percent, at the open to 37,352.14. The S&P 500 opened higher by 12.39 points, or 0.24 percent, at 4,731.58, while the Nasdaq Composite gained 0.20 points, or 0.13 percent, to 14,835.02 at the opening bell.