Dow hits record high at open; Fed in focus

Bs_logoImage
Reuters
Last Updated : Jun 14 2017 | 7:23 PM IST

(Reuters) - U.S. stocks opened slightly higher on Wednesday, with the Dow Jones hitting a record intraday high as technology stocks rose, and ahead of a near-certain interest rate hike by the Federal Reserve.

The Dow Jones industrial average was up 19.35 points, or 0.09 percent, at 21,347.82, the S&P 500 was up 3.14 points, or 0.12867 percent, at 2,443.49 and the Nasdaq composite remained unchanged at 0.00.

(Reporting by Yashaswini Swamynathan in Bengaluru; Editing by Anil D'Silva)

Disclaimer: No Business Standard Journalist was involved in creation of this content

Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories

  • Over 30 subscriber-only stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 14 2017 | 7:05 PM IST