US: Wall Street edges higher at the open after PPI data

WALL Street’s main indexes edged higher at the open on Thursday (Nov 14) after a broadly in line reading of producer prices data, with investors awaiting Federal Reserve chair Jerome Powell’s comments later in the day for clues on the outlook for interest rates.

The Dow Jones Industrial Average rose 74.2 points, or 0.17 per cent, at the open to 44,032.38.

The S&P 500 rose 4.3 points, or 0.07 per cent, at the open to 5,989.68?, while the Nasdaq Composite rose 25.4 points, or 0.13 per cent, to 19,256.09 at the opening bell. REUTERS