Economy

Wall St opens higher, unshaken by inflation surge

Economy2 minutes ago (May 28, 2021 09:41AM ET)Wall St opens higher, unshaken by inflation surge© Reuters. FILE PHOTO: People are seen on Wall Street outside the New York Stock Exchange (NYSE) in New York City, U.S., March 19, 2021. REUTERS/Brendan McDermid/File Photo

(Reuters) – Wall Street’s main indexes opened higher on Friday as investors shrugged off data showing a jump in inflation, although recent worries about a spike in prices kept the S&P 500 on course for its smallest monthly gain since February.

The Dow Jones Industrial Average rose 93.9 points, or 0.27%, at the open to 34558.5. The S&P 500 rose 9.9 points, or 0.24%, at the open to 4210.77​, while the Nasdaq Composite rose 55.8 points, or 0.41%, to 13792.048 at the opening bell.Wall St opens higher, unshaken by inflation surgeAdd a Comment

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