Wall Street Rises at Open as Treasury Yields Retreat, Fed Minutes Awaited

Wall Street Rises at Open as Treasury Yields Retreat, Fed Minutes Awaited
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City on Aug. 15, 2023. Brendan McDermid/Reuters
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Wall Street’s main indexes opened higher on Wednesday as U.S. Treasury yields continued to retreat, while investors assessed the latest inflation data and awaited minutes from the Federal Reserve’s last policy meeting.

The Dow Jones Industrial Average rose 82.90 points, or 0.25 percent, at the open to 33,822.20.