Wall Street Ticks Up at Open With All Eyes on Jackson Hole Meet

Wall Street Ticks Up at Open With All Eyes on Jackson Hole Meet
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City on Aug. 17, 2022. (Brendan McDermid/Reuters)
Reuters
8/25/2022
Updated:
8/25/2022

Wall Street's main indexes opened higher on Thursday, supported by megacap growth and technology stocks, while focus turned to the Federal Reserve's annual Jackson Hole symposium for clues on the central bank's monetary policy outlook.

The Dow Jones Industrial Average rose 60.04 points, or 0.18 percent, at the open to 33,029.27. The S&P 500 opened higher by 12.49 points, or 0.30 percent, at 4,153.26, while the Nasdaq Composite gained 74.84 points, or 0.60 percent, to 12,506.37 at the opening bell.

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