Wall St climbs after selloff; Nvidia outstrips Alphabet in market value By Reuters
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© Reuters. Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 1, 2024. REUTERS/Brendan McDermid/File Photo
(Reuters) – Wall Street’s main indexes opened higher on Wednesday, recovering from a selloff in the previous session after a hot inflation report clouded the timing for the Federal Reserve’s first interest-rate cut this year.
The rose 99.92 points, or 0.26%, at the open to 38,372.67.
The opened higher by 23.27 points, or 0.47%, at 4,976.44, while the gained 126.11 points, or 0.81%, to 15,781.71 at the opening bell.
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© Reuters. Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 1, 2024. REUTERS/Brendan McDermid/File Photo
(Reuters) – Wall Street’s main indexes opened higher on Wednesday, recovering from a selloff in the previous session after a hot inflation report clouded the timing for the Federal Reserve’s first interest-rate cut this year.
The rose 99.92 points, or 0.26%, at the open to 38,372.67.
The opened higher by 23.27 points, or 0.47%, at 4,976.44, while the gained 126.11 points, or 0.81%, to 15,781.71 at the opening bell.
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