Stocks open higher as investors watch China, Fed

U.S. stocks opened higher Tuesday, after falling three of the past four sessions, as investors remain nervous about COVID-19 lockdowns in China and look for more clues to the pace and size of future rate increases by the Federal Reserve. Minutes of the Fed's November meeting are due Wednesday.

Trading conditions were expected to remain thin this week due to Thursday's Thanksgiving Day holiday, when U.S. markets will be closed, followed by an abbreviated session on Friday. The Dow Jones Industrial Average DJIA, +0.80% rose 188 points, or 0.6%, while the S&P 500 SPX, +0.65% was up 0.4% and the Nasdaq Composite COMP, +0.29% ticked up 0.1%.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. stocks open mostly lower amid China COVID lockdown concernsU.S. stocks opened mostly lower Monday, with the S&P 500 down modestly, amid concern over China's lockdown of a district in a southern city as it seeks to... This is the plan
Source: MarketWatch - 🏆 3. / 97 Read more »