Stocks open slightly higher as investors weigh Fed response to inflation

32224 stocks open slightly higher as investors weigh fed response to inflation

Stocks nudged higher in early trade Friday as investors weighed how aggressive the Federal Reserve will be in tightening policy a day after another hotter-than-expected inflation reading. The Dow Jones Industiral Average DJIA, +0.47% was up 50 points, or 0.1% at 35,292,while the S&P 500 SPX, +0.18% rose 0.1% to 4,506.63 and the Nasdaq Composite COMP, -0.02% shed 0.1% to 14,166.

Source: Marketwatch

Related Posts