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Wall Street stock indices open higher, unshaken by inflation surge

Although recent worries about a spike in prices kept the S&P 500 on course for its smallest monthly gain since February.

wall street, market, stocks
Reuters
1 min read Last Updated : May 28 2021 | 7:52 PM IST

(Reuters) - Wall Street's main indexes opened higher on Friday as investors shrugged off data showing a jump in inflation, although recent worries about a spike in prices kept the S&P 500 on course for its smallest monthly gain since February.

The Dow Jones Industrial Average rose 93.9 points, or 0.27%, at the open to 34558.5. The S&P 500 rose 9.9 points, or 0.24%, at the open to 4210.77​, while the Nasdaq Composite rose 55.8 points, or 0.41%, to 13792.048 at the opening bell.

 

(Reporting by Shashank Nayar in Bengaluru; Editing by Maju Samuel)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :Wall StreetUS marketsMarkets

First Published: May 28 2021 | 7:49 PM IST

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