Wall Street: US stocks surged on Monday on greater hopes of the US Federal Reserve cutting interest rates this year.
The Dow Jones Industrial Average rose 86.8 points, or 0.22%, at the open to 38762.43. The S&P 500 rose 14.6 points, or 0.29%, at the open to 5142.42, while the Nasdaq Composite rose 52.2 points, or 0.32%, to 16208.537 at the opening bell.
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Published: 06 May 2024, 07:42 PM IST
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