Dec 16 (Reuters) – Wall Street’s main indexes opened higher on Thursday after the Federal Reserve announced a faster wind-down of its pandemic-era stimulus, calming nerves around surging price pressures.
The Dow Jones Industrial Average (.DJI) rose 108.85 points, or 0.30%, at the open to 36,036.28.
The S&P 500 (.SPX) opened higher by 9.28 points, or 0.20%, at 4,719.13, while the Nasdaq Composite (.IXIC) gained 63.49 points, or 0.41%, to 15,629.08 at the opening bell.
Register now for FREE unlimited access to Reuters.com
Reporting by Shreyashi Sanyal in Bengaluru; Editing by Maju Samuel
Our Standards: The Thomson Reuters Trust Principles.