Nasdaq jumps nearly 1% at open as rate-cut hopes increase

The Dow Jones Industrial Average rose 63.53 points, or 0.16%, at the open to 38,774.82. The S&P 500 opened higher by 23.14 points, or 0.44%, at 5,314.48.

's main indexes rose on Wednesday as ramped up bets for an earlier-than-expected start to by the , in the wake of signalling a weakening labour market and slowing .

The rose 63.53 points, or 0.16%, at the open to 38,774.82.

The S&P 500 opened higher by 23.14 points, or 0.44%, at 5,314.48, while the gained 117.43 points, or 0.70%, to 16,974.48 at the opening bell.

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Source: Stocks-Markets-Economic Times

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