© Archyde.com. Traders trade at the New York Stock Exchange on November 15, 2022. Photo: Brendan McDiarmid/Archyde.com.
(Archyde.com) – Wall Street’s main indexes opened higher on Friday, with investors unmoved by comments from a senior Federal Reserve official on monetary tightening that raised fears that the US central bank might raise interest rates sharply.
The industrial index rose 60.3 points, or 0.18 percent, to 33,606.59 points at the open.
The index also rose by 19.8 points, or 0.50 percent, to 3966.39 points, and the Nasdaq Composite Index also increased by 112.0 points, or 1.01 percent, to 11257.007 points.
(Prepared by Noha Zakaria for the Arabic Bulletin – Edited by Duaa Muhammad)