Home / Market Update / Global Stock Market / Wall St opens mixed on bank fears, rate-hike pause hopes

Wall St opens mixed on bank fears, rate-hike pause hopes

As investors evaluated a state-backed acquisition of Credit Suisse and the likelihood that the Federal Reserve would leave interest rates unchanged this week, Wall Street’s major indexes began neutral on Monday.

The Dow Jones Industrial Average rose 10.35 points, or 0.03%, at the open to 31,872.33. The S&P 500 opened higher by 0.83 points, or 0.02%, at 3,917.47, while the Nasdaq Composite dropped 16.13 points, or 0.14%, to 11,614.39 at the opening bell.

Check Also

Gold Dips Slightly, but Holds Near One-Month Highs Amid Rate Cut Anticipation

Gold prices experienced a minor retreat in Asian trading on Monday, as investors paused to …