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Home Currency News

Wall St opens higher on dovish Fed tone, Middle East tensions weigh -October 10, 2023 at 09:33 am EDT

currencycoach by currencycoach
October 10, 2023
in Currency News
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Wall St opens higher on dovish Fed tone, Middle East tensions weigh -October 10, 2023 at 09:33 am EDT
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Oct 10 (Reuters) – Wall Street’s main indexes opened
higher on Tuesday as U.S. Treasury yields retreated following
dovish comments from Federal Reserve policymakers overnight,
though caution prevailed amid escalating tensions in the Middle
East.

The Dow Jones Industrial Average rose 78.76 points,
or 0.23%, at the open to 33,683.41.

The S&P 500 opened higher by 4.09 points, or 0.09%,
at 4,339.75, while the Nasdaq Composite gained 21.57
points, or 0.16%, to 13,505.81 at the opening bell.
(Reporting by Shashwat Chauhan in Bengaluru; Editing by Shounak
Dasgupta)



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Tags: DovishEastEDTFedHigherMiddleOctoberopensTensionstoneWallweigh
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