Wall Street Opens Higher After Falling for 2 Days

Wall Street Opens Higher After Falling for 2 Days
A Wall Street sign is pictured outside the New York Stock Exchange in New York on Oct. 28, 2013. (Carlo Allegri/Reuters)
Reuters
11/18/2022
Updated:
11/18/2022

Wall Street’s main indexes opened higher on Friday as investors looked past hawkish comments from a top Federal Reserve official that had fanned fears of aggressive interest rate hikes from the central bank.

The Dow Jones Industrial Average rose 60.3 points, or 0.18 percent, at the open to 33,606.59. The S&P 500 rose 19.8 points, or 0.50 percent, at the open to 3,966.39​, while the Nasdaq Composite rose 112.0 points, or 1.01 percent, to 11,257.007 at the opening bell.