U.S. stocks open up as rate hike chances dim

Stocks opened higher on Monday, after disappointing U.S. jobs data on Friday hardened views that the Federal Reserve will not raise interest rates this year.

The Dow Jones industrial average rose 99.55 points, or 0.6 percent, to 16,571.92. The S&P 500 gained 13.79 points, or 0.71 percent, to 1,965.15 and the Nasdaq composite added 35.17 points, or 0.75 percent, to 4,742.95.

(Reporting by Abinaya Vijayaraghavan in Bengaluru; Editing by Savio D'Souza)

Source: Reuters

Subscribe To Our Newsletter


i-BROKER is a free online trading platform designed to help investors trade and monitor their securities on the Ghana Stock Exchange.

CAL Brokers Ltd.
P.O. Box 14596
Accra, Ghana

Tel: +233 302 680061-9
Fax: +233 302 680081


market marker map base pin 512Direct access to the Ghana Stock Exchange to place, buy and sell  online!

Exclusive to iBroker. Click here to login