Wall Street Opens with Modest Gains Amidst Fed Silence
Wall Street's main indexes saw slight increases at Thursday's opening, following a lack of new policy signals from Federal Reserve Chair Jerome Powell. Investors turned to existing data to guide their sentiment, resulting in marginal gains across the Dow Jones, S&P 500, and Nasdaq Composite indexes.
On Thursday, Wall Street's primary indexes opened with modest gains as Federal Reserve Chair Jerome Powell refrained from offering new policy clues.
Investors, therefore, relied on pre-existing data to shape their investment sentiments.
The Dow Jones inched up by 20.5 points, the S&P 500 rose by 6.8 points, and the Nasdaq Composite by 2.0 points, marking slight increases across the board.
(With inputs from agencies.)
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