Dow Today – Wall St opens higher as Fed calms inflation worries
Wall Street’s main indexes opened higher on Wednesday after remarks from Federal Reserve officials helped ease concerns over higher inflation, while a recent dip in bond yields supported tech-related stocks for a third straight session.
The Dow Jones Industrial Average (.DJI) rose 23.9 points, or 0.07%, at the open to 34336.34. The S&P 500 (.SPX) rose 3.5 points, or 0.08%, at the open to 4191.59, while the Nasdaq Composite (.IXIC) rose 36.8 points, or 0.27%, to 13693.937 at the opening bell.
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