Thursday, October 28

Wall St opens higher, but set for steep monthly losses

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Wall Street’s main indexes opened higher on Thursday at the end of a bruising month on upbeat economic growth data, while investors focused on funding negotiations in Washington to prevent a government shutdown.

The Dow Jones Industrial Average rose 77.26 points, or 0.22%, at the open to 34,467.98.

The S&P 500 opened higher by 11.21 points, or 0.26%, at 4,370.67, while the Nasdaq Composite gained 70.16 points, or 0.48%, to 14,582.60 at the opening bell. (Reporting by Devik Jain in Bengaluru; Editing by Saumyadeb Chakrabarty)

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