US stocks open higher after Fed allays rate-hike worries

The Dow Jones Industrial Average rose 172.4 points, or 0.45%, at the open to 38,075.65.

Wall Street's main indexes opened higher on Thursday, a day after the Federal Reserve left interest rates unchanged and allayed worries around potential rate hikes, with a focus moving to a spate of earnings reports through the day.

The Industrial Average rose 172.4 points, or 0.45%, at the open to 38,075.65. The S&P 500 rose 30.9 points, or 0.62%, at the open to 5,049.32?, while the Composite rose 152.6 points, or 0.98%, to 15.758.113 at the opening bell.

More to come....

Source: Stocks-Markets-Economic Times

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