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Wall Street opens slightly higher after consumer data

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Reuters

(Reuters) - Wall Street's main indexes opened slightly higher on Thursday, after data showed consumer spending in January notched its smallest increase in five months and core inflation rose less than expected, easing worries about faster U.S. rate hikes.

The Dow Jones Industrial Average rose 36.39 points, or 0.15 percent, to 25,065.59. The S&P 500 gained 4.74 points, or 0.17 percent, to 2,718.57. The Nasdaq Composite added 18.13 points, or 0.25 percent, to 7,291.14.

(Reporting by Sruthi Shankar in Bengaluru)

 

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First Published: Mar 01 2018 | 8:44 PM IST

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