US: Wall St opens flat as traders brace for economic data

US: Wall St opens flat as traders brace for economic data


WALL Street’s main indexes opened flat on Tuesday (Feb 27) as investors awaited a crucial inflation report and other economic data that would shape expectations for interest-rate cuts and test the recent rally.

The Dow Jones Industrial Average rose 18.67 points, or 0.05 per cent, at the open to 39,087.90.

The S&P 500 opened higher by 5.07 points, or 0.10 per cent, at 5,074.60, while the Nasdaq Composite gained 37.73 points, or 0.24 per cent, to 16,013.98 at the opening bell. REUTERS



Source link

Posted in

Brand Post

I am an editor for IBW, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

Leave a Comment