US STOCKS SNAPSHOT-Wall St rises at open as Powell calms taper fears

  • 7/14/2021
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July 14 (Reuters) - Wall Street’s main indexes opened higher on Wednesday after comments from the Federal Reserve fueled hopes the central bank would stick to its accommodative monetary policy despite a sharp jump in inflation last month. The Dow Jones Industrial Average rose 32.0 points, or 0.09%, at the open to 34920.83. The S&P 500 rose 10.9 points, or 0.25%, at the open to 4380.11, while the Nasdaq Composite rose 103.2 points, or 0.70%, to 14780.9 at the opening bell. (Reporting by Devik Jain in Bengalurul; Editing by Maju Samuel) Our Standards: The Thomson Reuters Trust Principles.

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