The Economic Times

US stocks: US market opens higher as soft inflation data eases rate-hike fears

On Wednesday, major indexes on Wall Street experienced a positive start, buoyed by favorable investor sentiment following a recent inflation report. The Dow Jones Industrial Average increased by 74.9 points, reaching a starting value of 51,424.84. Additionally, both the S&P 500 and Nasdaq Composite reflected the market's optimism about future economic stability.