Wall Street Opens Higher as Rate-Cut Bets Strengthen

Wall Street Opens Higher as Rate-Cut Bets Strengthen
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City on Dec. 11, 2023. Brendan McDermid/Reuters
Reuters
Updated:
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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 Dow Jones Industrial Average rose 19.93 points, or 0.05 percent, at the open to 37,405.90. The S&P 500 opened higher by 4.23 points, or 0.09 percent, at 4,758.86, while the Nasdaq Composite gained 35.72 points, or 0.24 percent, to 15,028.69 at the opening bell.