US: S&P 500, Nasdaq open near record levels after May inflation data

US: S&P 500, Nasdaq open near record levels after May inflation data


Published Wed, Jun 11, 2025 · 09:42 PM

[NEW YORK] The S&P 500 and Nasdaq opened near record levels on Wednesday (Jun 11), as a cooler-than-expected inflation report calmed concerns around tariff-driven price pressures and fanned expectations for interest rate cuts.

The Dow Jones Industrial Average rose 16.0 points, or 0.04 per cent, at the open to 42,882.86.

The S&P 500 rose 10.6 points, or 0.18 per cent, at the open to 6,049.38​, while the Nasdaq Composite rose 64.4 points, or 0.33 per cent, to 19,779.355 at the opening bell. REUTERS

Share with us your feedback on BT’s products and services



Source link

Posted in

Liam Redmond

As an editor at Forbes Washington DC, I specialize in exploring business innovations and entrepreneurial success stories. My passion lies in delivering impactful content that resonates with readers and sparks meaningful conversations.

Leave a Comment