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Market & Economic Intelligence Platform Insight on Macro, Commodities, Equities & Policy

6 August 2025 20:45  |

Wall Street opens higher on Fed rate cut hopes; earnings in focus

Wall Street opened higher on Wednesday, as ongoing optimism about Federal Reserve interest rate cuts kept markets afloat and investors assessed a fresh wave of corporate earnings.

The Dow Jones Industrial Average rose 84.9 points, or 0.19%, at the open to 44196.61. The S&P 500 rose 10.1 points, or 0.16%, to 6309.3​, while the Nasdaq Composite rose 38.7 points, or 0.18%, to 20955.222.

Source: Reuters

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