Wall St opens higher as investors await CPI data, Fed decision

December 12, 2022
Wall St opens higher as investors await CPI data, Fed decision
FILE PHOTO: Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in New York

(Reuters) – Wall Street’s main indexes opened higher on Monday as investors awaited inflation data and the Federal Reserve’s policy decision later this week to gauge the U.S. economic outlook amid worries of a recession.

The Dow Jones Industrial Average rose 43.04 points, or 0.13%, at the open to 33,519.50. The S&P 500 opened higher by 4.91 points, or 0.12%, at 3,939.29, while the Nasdaq Composite gained 10.86 points, or 0.10%, to 11,015.48 at the opening bell.

(Reporting by Ankika Biswas in Bengaluru; Editing by Saumyadeb Chakrabarty)

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