Wall Street Opens Higher as Investors Await CPI Data, Fed Decision

Wall Street Opens Higher as Investors Await CPI Data, Fed Decision
The Wall Street entrance to the New York Stock Exchange (NYSE) is seen in New York City on Nov. 15, 2022. (Brendan McDermid/Reuters)
Reuters
12/12/2022
Updated:
12/12/2022

Wall Street’s main indexes opened higher on Monday as investors awaited inflation data and the Federal Reserve’s policy decision later this week to gauge the U.S. economic outlook amid worries of a recession.

The Dow Jones Industrial Average rose 43.04 points, or 0.13 percent, at the open to 33,519.50. The S&P 500 opened higher by 4.91 points, or 0.12 percent, at 3,939.29, while the Nasdaq Composite gained 10.86 points, or 0.10 percent, to 11,015.48 at the opening bell.