Wall St opens higher as December rate cut bets strengthen
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A street sign for Wall Street is seen in the financial district in New York, U.S., November 8, 2021. REUTERS/Brendan McDermid
(Reuters) -Wall Street's main indexes opened higher on Friday as traders raised bets on an interest rate cut by the Federal Reserve in December following commentary from policymakers, with tech stocks stabilizing after last session's rout.
The Dow Jones Industrial Average rose 56.4 points, or 0.12%, to 45,808.65 at the open. The S&P 500 rose 17.0 points, or 0.26%, to 6,555.77, while the Nasdaq Composite rose 84.8 points, or 0.38%, to 22,162.834.
(Reporting by Shashwat Chauhan in Bengaluru; Editing by Shilpi Majumdar)
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