RSS US stocks open higher led by the NASDAQ index

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 RSS US stocks open higher led by the NASDAQ index

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The major US stock indices are opening higher with expectations of a 25 basis point cut at the next Fed meeting next Wednesday. CPI data this morning came in as expected for both the headline and the core measures. The

A snapshot of the market currently shows:

  • Dow industrial average up 66.91 points or 0.15% at 44315
  • S&P index up 32.82 points or 0.54% at 6067
  • NASDAQ index up 183 points or 0.94% at 19871.73.
  • Russell 2000 up 15.88 points or 0.67% at 2398.56.

Some company color:

  • Meta reached an all-time high
  • Costco also reached an all-time high price
  • Roblox is trading up over 5% after earnings
This article was written by Greg Michalowski at www.forexlive.com.
 
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