©Reuters. Traders trade on the New York Stock Exchange on November 15, 2022. Photo: Brendan McDiarmid/Reuters.
(Reuters) – Major Wall Street indexes opened higher on Friday, as investors were indifferent to comments by a senior Federal Reserve official on monetary tightening which raised fears the US central bank could hike interest rates sharply.
The industrial index rose 60.3 points, or 0.18%, to 33,606.59 points on the open.
The index also rose 19.8 points, or 0.50%, to 3966.39 points, and the Nasdaq Composite Index also rose 112.0 points, or 1.01%, to 11257 .007 points.
(Prepared by Noha Zakaria for the Arab Bulletin – Edited by Duaa Muhammad)