Wall Street opens higher, Powell speech awaited

(Reuters) - U.S. stock indexes opened higher on Friday, as investors awaited a speech from Federal Reserve Chair Jerome Powell for clues on the direction of monetary policy.
The Dow Jones Industrial Average rose 31.60 points, or 0.12 percent, at the open to 25,688.58.
The S&P 500 opened higher by 5.37 points, or 0.19 percent, at 2,862.35. The Nasdaq Composite gained 29.35 points, or 0.37 percent, to 7,907.81 at the opening bell.
(Reporting by Shreyashi Sanyal in Bengaluru; Editing by Anil D'Silva)
Disclaimer: No Business Standard Journalist was involved in creation of this content
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First Published: Aug 24 2018 | 7:04 PM IST
