Wall St. opens at six-week high on hopes of dovish Fed

FILE PHOTO: Traders work on the floor at the New York Stock Exchange in New York, U.S., June 5, 2019. REUTERS/Brendan McDermid/File Photo

- U.S. stocks opened at their highest level in six-weeks on Tuesday, with Nasdaq leading the charge, as dovish calls from the European Central Bank raised expectations of a similar accommodative stance from the Federal Reserve. The Dow Jones Industrial Average rose 116.35 points, or 0.45%, at the open to 26,228.88. The S&P 500 opened higher by 17.04 points, or 0.59%, at 2,906.71. The Nasdaq Composite gained 75.95 points, or 0.97%, to 7,920.98 at the opening bell.

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Stocks notch slight gains as tech shares rise, Wall Street awaits Fed meetingStocks closed up slightly on Monday as investors awaited this week's crucial Fed meeting. The Nasdaq outperformed, rising 0.62%, as tech shares gained. The stocks would be even higher if President Butthole would stop implementing those stupid tariffs!
Source: CNBC - 🏆 12. / 72 Read more »