Thursday, August 11, 2022
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US stocks open higher amid expectations of monetary easing

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Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com

US stocks opened higher Tuesday as investors expected more monetary easing at the end of a two-day meeting of the Federal Reserve Board this week.

The Dow Jones industrial average rose 73.77 points, or 0.28 percent, to 25,987.87. The Standard & Poor’s 500 index gained 7.82 points, or 0.28 percent, to 2,840.76 points.

The Nasdaq Composite Index was up 32.93 points, or 0.43 percent, to finish unofficially at 7,747.40.

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