Stock market: Wall Street opens higher, pleased with lower inflation
(Photo: 123RF)
MARKET REVIEW. The New York Stock Exchange opened sharply higher on Tuesday, pleased with the slowdown in inflation in the United States in November, which should not change the Fed’s rate hike plans on Wednesday.
Stock market indices at the opening
In Toronto, the S&P/TSX rose by 293.15 points (+1.46%) to 20,312.85 points.
In New York, the S&P500 posted an increase of 96.70 points (+ 2.42%) to 4,087.26 points.
the Nasdaq rose by 139.12 points (+1.26%) to 11,143.74 points.
the DOW posted an increase of 666.52 points (+ 1.96%) to 34,671.56 points.
the loon fetched US$0.0047 (+0.6415%) to US$0.7382.
the oil advanced US$1.77 (+2.42%) to US$74.94.
gold earned US$38.50 (+2.15%) to US$1,830.80.
the bitcoin earned US$882.61 (+5.18%) to US$17,909.54.
The context
Further details will follow.
