(Reuters) – Wall Street’s main indexes opened higher on Wednesday, with U.S. consumer prices rising at a slightly slower pace than expected in April, in a sign that interest rate hikes in the Federal Reserve are having an impact.
The Dow Jones rose 0.43% at the open to 33,707.20 points.
The S&P 500 opened up 0.60% to 4,143.74 points, while the Nasdaq Composite gained 0.88% to 12,286.66 points at the open.
(By Shristi Achar A in Bengaluru)
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