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

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

August 6, 2025 / Swedan Margen /


[NEW YORK] Wall Street opened higher on Wednesday (Aug 6), as ongoing optimism about Federal Reserve interest rate cuts kept markets afloat and investors assessed a fresh wave of corporate earnings.

Published Wed, Aug 6, 2025 · 10:06 PM

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

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Swedan Margen

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