The major US stock indices are opening higher with expectations of a 25 basis point cut at the next Fed meeting next Wednesday. CPI data this morning came in as expected for both the headline and the core measures. The
A snapshot of the market currently shows:
- Dow industrial average up 66.91 points or 0.15% at 44315
- S&P index up 32.82 points or 0.54% at 6067
- NASDAQ index up 183 points or 0.94% at 19871.73.
- Russell 2000 up 15.88 points or 0.67% at 2398.56.
Some company color:
- Meta reached an all-time high
- Costco also reached an all-time high price
- Roblox is trading up over 5% after earnings
