Wall Street Steady at Open as Investors Assess Fed Minutes

Wall Street Steady at Open as Investors Assess Fed Minutes
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City on Aug. 17, 2022. (Brendan McDermid/Reuters)
Reuters
8/18/2022
Updated:
8/18/2022
0:00

Wall Street’s main indexes were subdued at the open on Thursday, with investors seeking fresh signals for future rate hikes after minutes from the Federal Reserve’s July meeting suggested a less aggressive monetary policy tightening path.

The Dow Jones Industrial Average rose 1.54 points at the open to 33,981.86.

The S&P 500 opened lower by 0.91 points, or 0.02 percent, at 4,273.13, while the Nasdaq Composite dropped 0.34 points to 12,937.79 at the opening bell.