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Wall Street opens higher, Powell speech awaited

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Reuters
Last Updated : Aug 24 2018 | 7:15 PM IST

(Reuters) - U.S. stock indexes opened higher on Friday, as investors awaited a speech from Federal Reserve Chair Jerome Powell for clues on the direction of monetary policy.

The Dow Jones Industrial Average rose 31.60 points, or 0.12 percent, at the open to 25,688.58.

The S&P 500 opened higher by 5.37 points, or 0.19 percent, at 2,862.35. The Nasdaq Composite gained 29.35 points, or 0.37 percent, to 7,907.81 at the opening bell.

(Reporting by Shreyashi Sanyal in Bengaluru; Editing by Anil D'Silva)

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First Published: Aug 24 2018 | 7:04 PM IST

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