Wall Street opened higher on Friday, showing signs of a rebound after taper talks in the Fed July meeting minutes weighed on investor’s sentiment.<\/p>\n\n\n\n
In addition, a hawkish tone by Dallas Fed President Robert Kaplan calmed market fears over scaling back asset purchases too soon.<\/p>\n\n\n\n
Kaplan told Fox News earlier today that the Fed’s board members might need to revise the timing of cutting back on bond-buying amid the resurgence of the coronavirus with the spread of the Delta variant.<\/p>\n\n\n\n
The Dow\u00a0Jones Industrial Average is higher by 181 points, or 0.52%, at 35,075 points, after closing in red for three days in a row.<\/p>\n\n\n\n
The S&P 500, which horse on Thursday, is up by 26.2 points, or 0.60%, at 4,432.44 points.<\/p>\n\n\n\n
The Nasdaq Composite Index, which closed with modest gains yesterday, is up by about 132 points, or 0.91%, at 14,673.78 points.<\/p>\n\n\n\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
Wall Street opened higher on Friday, showing signs of a rebound after taper talks in the Fed July meeting minutes weighed on investor’s sentiment. In addition, a hawkish tone by Dallas Fed President Robert Kaplan calmed market fears over scaling back asset purchases too soon. Kaplan told Fox News earlier today that the Fed’s board …<\/p>\n","protected":false},"author":10,"featured_media":32438,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[6862],"class_list":["post-49708","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/49708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=49708"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/49708\/revisions"}],"predecessor-version":[{"id":49709,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/49708\/revisions\/49709"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32438"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=49708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=49708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=49708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}